NBT Bank N A NY Decreases Position in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY)

NBT Bank N A NY lessened its stake in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 3.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 12,909 shares of the company’s stock after selling 447 shares during the quarter. NBT Bank N A NY’s holdings in First Trust Rising Dividend Achievers ETF were worth $756,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of RDVY. Kaydan Wealth Management Inc. raised its stake in shares of 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 during the period. Lynch & Associates IN increased its holdings in First Trust Rising Dividend Achievers ETF by 40.2% in the 1st quarter. Lynch & Associates IN now owns 15,233 shares of the company’s stock worth $892,000 after acquiring an additional 4,371 shares during the last quarter. Sowell Financial Services LLC purchased a new stake in First Trust Rising Dividend Achievers ETF in the 1st quarter worth about $1,200,000. Janney Montgomery Scott LLC raised its stake in First Trust Rising Dividend Achievers ETF by 91.0% in the 1st quarter. Janney Montgomery Scott LLC now owns 1,274,557 shares of the company’s stock valued at $74,613,000 after acquiring an additional 607,354 shares during the period. Finally, RiverTree Advisors LLC purchased a new stake in First Trust Rising Dividend Achievers ETF during the first quarter valued at about $2,606,000.

First Trust Rising Dividend Achievers ETF Stock Down 0.8%

Shares of NASDAQ:RDVY opened at $60.70 on Wednesday. The firm has a market capitalization of $14.14 billion, a PE ratio of 15.48 and a beta of 1.15. The company has a 50-day moving average price of $58.72 and a two-hundred day moving average price of $59.78. First Trust Rising Dividend Achievers ETF has a twelve month low of $50.27 and a twelve month high of $64.63.

First Trust Rising Dividend Achievers ETF Increases Dividend

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

First Trust Rising Dividend Achievers ETF Company Profile

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.