DHJJ Financial Advisors Ltd. Acquires 751 Shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY)

DHJJ Financial Advisors Ltd. lifted its stake in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 6.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,251 shares of the company’s stock after buying an additional 751 shares during the period. DHJJ Financial Advisors Ltd.’s holdings in First Trust Rising Dividend Achievers ETF were worth $776,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in RDVY. San Luis Wealth Advisors LLC boosted its stake in shares of First Trust Rising Dividend Achievers ETF by 135.7% in the 1st quarter. San Luis Wealth Advisors LLC now owns 143,956 shares of the company’s stock valued at $8,427,000 after purchasing an additional 82,889 shares in the last quarter. Wagner Wealth Management LLC lifted its stake in First Trust Rising Dividend Achievers ETF by 4.3% in the 1st quarter. Wagner Wealth Management LLC now owns 173,836 shares of the company’s stock valued at $10,176,000 after purchasing an additional 7,180 shares during the last quarter. Kaydan Wealth Management Inc. boosted its position in First Trust Rising Dividend Achievers ETF by 1.1% in the first quarter. Kaydan Wealth Management Inc. now owns 18,404 shares of the company’s stock valued at $1,077,000 after buying an additional 207 shares in the last quarter. Lynch & Associates IN boosted its position in First Trust Rising Dividend Achievers ETF by 40.2% in the first quarter. Lynch & Associates IN now owns 15,233 shares of the company’s stock valued at $892,000 after buying an additional 4,371 shares in the last quarter. Finally, Sowell Financial Services LLC bought a new stake in shares of First Trust Rising Dividend Achievers ETF during the first quarter worth $1,200,000.

First Trust Rising Dividend Achievers ETF Stock Down 0.8%

Shares of RDVY opened at $60.70 on Wednesday. The stock has a market cap of $14.14 billion, a PE ratio of 15.48 and a beta of 1.15. First Trust Rising Dividend Achievers ETF has a 12-month low of $50.27 and a 12-month high of $64.63. The business has a 50-day simple moving average of $58.72 and a two-hundred day simple moving average of $59.78.

First Trust Rising Dividend Achievers ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were issued a dividend of $0.2544 per share. This represents a $1.02 dividend on an annualized basis and a dividend yield of 1.68%. The ex-dividend date of this dividend was Thursday, March 27th. This is a positive change from First Trust Rising Dividend Achievers ETF’s previous quarterly dividend of $0.19.

About First Trust Rising Dividend Achievers ETF

The First Trust Rising Dividend Achievers ETF (RDVY) is an exchange-traded fund that is based on the NASDAQ US Rising Dividend Achievers index. The fund tracks an index of 50 large-cap stocks with rising, high-quality dividends. RDVY was launched on Jan 6, 2014 and is managed by First Trust.