Alta Wealth Advisors LLC Reduces Stock Position in First Trust Rising Dividend Achievers ETF $RDVY

Alta Wealth Advisors LLC lowered its holdings in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVYFree Report) by 5.4% in the second quarter, Holdings Channel.com reports. The fund owned 5,301 shares of the company’s stock after selling 302 shares during the quarter. Alta Wealth Advisors LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $333,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Farmers & Merchants Investments Inc. purchased a new position in First Trust Rising Dividend Achievers ETF during the 2nd quarter valued at $26,000. Compass Financial Services Inc bought a new stake in First Trust Rising Dividend Achievers ETF during the 1st quarter valued at $26,000. SVB Wealth LLC bought a new stake in First Trust Rising Dividend Achievers ETF during the 1st quarter valued at $29,000. Rise Advisors LLC bought a new stake in First Trust Rising Dividend Achievers ETF during the 1st quarter valued at $31,000. Finally, Raleigh Capital Management Inc. raised its position in First Trust Rising Dividend Achievers ETF by 34.2% during the 2nd quarter. Raleigh Capital Management Inc. now owns 648 shares of the company’s stock valued at $41,000 after purchasing an additional 165 shares in the last quarter.

First Trust Rising Dividend Achievers ETF Stock Up 0.1%

Shares of NASDAQ RDVY opened at $67.67 on Friday. The business has a fifty day simple moving average of $65.56 and a two-hundred day simple moving average of $61.68. The firm has a market cap of $17.35 billion, a PE ratio of 15.46 and a beta of 1.15. First Trust Rising Dividend Achievers ETF has a twelve month low of $50.27 and a twelve month high of $68.06.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, September 25th were given a dividend of $0.1487 per share. The ex-dividend date of this dividend was Thursday, September 25th. This represents a $0.59 dividend on an annualized basis and a yield of 0.9%.

First Trust Rising Dividend Achievers ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY)

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