First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) Shares Acquired by Spire Wealth Management

Spire Wealth Management lifted its stake in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 2.3% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 89,541 shares of the company’s stock after buying an additional 2,011 shares during the quarter. Spire Wealth Management’s holdings in First Trust Rising Dividend Achievers ETF were worth $5,242,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. LPL Financial LLC raised its holdings in First Trust Rising Dividend Achievers ETF by 4.8% in the 4th quarter. LPL Financial LLC now owns 21,307,144 shares of the company’s stock worth $1,260,104,000 after purchasing an additional 980,714 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of First Trust Rising Dividend Achievers ETF during the fourth quarter worth about $593,242,000. Wells Fargo & Company MN raised its position in shares of First Trust Rising Dividend Achievers ETF by 3.8% during the 4th quarter. Wells Fargo & Company MN now owns 9,008,501 shares of the company’s stock worth $532,763,000 after purchasing an additional 327,729 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in First Trust Rising Dividend Achievers ETF by 30.0% in the 4th quarter. Ameriprise Financial Inc. now owns 6,135,682 shares of the company’s stock valued at $362,832,000 after buying an additional 1,417,024 shares in the last quarter. Finally, Commonwealth Equity Services LLC lifted its stake in First Trust Rising Dividend Achievers ETF by 7.8% in the 4th quarter. Commonwealth Equity Services LLC now owns 5,640,003 shares of the company’s stock valued at $333,550,000 after buying an additional 409,135 shares in the last quarter.

First Trust Rising Dividend Achievers ETF Stock Performance

Shares of RDVY stock opened at $61.97 on Wednesday. First Trust Rising Dividend Achievers ETF has a fifty-two week low of $50.27 and a fifty-two week high of $64.63. The stock’s fifty day moving average is $59.31 and its two-hundred day moving average is $59.70. The firm has a market capitalization of $14.44 billion, a P/E ratio of 14.82 and a beta of 1.15.

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.