First Trust Rising Dividend Achievers ETF $RDVY Shares Acquired by Horizon Advisory Services Inc.

Horizon Advisory Services Inc. increased its holdings in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 0.6% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 567,208 shares of the company’s stock after purchasing an additional 3,305 shares during the period. First Trust Rising Dividend Achievers ETF makes up about 19.1% of Horizon Advisory Services Inc.’s holdings, making the stock its 2nd biggest position. Horizon Advisory Services Inc.’s holdings in First Trust Rising Dividend Achievers ETF were worth $35,587,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in RDVY. Miracle Mile Advisors LLC acquired a new stake in First Trust Rising Dividend Achievers ETF in the first quarter valued at approximately $620,000. Park Avenue Securities LLC grew its stake in First Trust Rising Dividend Achievers ETF by 120.2% in the first quarter. Park Avenue Securities LLC now owns 26,047 shares of the company’s stock valued at $1,525,000 after acquiring an additional 14,220 shares during the period. Farther Finance Advisors LLC grew its stake in First Trust Rising Dividend Achievers ETF by 289.5% in the first quarter. Farther Finance Advisors LLC now owns 56,547 shares of the company’s stock valued at $3,324,000 after acquiring an additional 42,029 shares during the period. Simplicity Wealth LLC grew its stake in First Trust Rising Dividend Achievers ETF by 308.2% in the first quarter. Simplicity Wealth LLC now owns 19,172 shares of the company’s stock valued at $1,122,000 after acquiring an additional 14,475 shares during the period. Finally, Trueblood Wealth Management LLC grew its stake in First Trust Rising Dividend Achievers ETF by 14.1% in the first quarter. Trueblood Wealth Management LLC now owns 13,959 shares of the company’s stock valued at $817,000 after acquiring an additional 1,726 shares during the period.

First Trust Rising Dividend Achievers ETF Stock Performance

Shares of First Trust Rising Dividend Achievers ETF stock opened at $67.28 on Thursday. First Trust Rising Dividend Achievers ETF has a 52 week low of $50.27 and a 52 week high of $68.11. The stock has a 50 day moving average price of $65.77 and a two-hundred day moving average price of $61.84. The stock has a market capitalization of $17.26 billion, a PE ratio of 15.46 and a beta of 1.15.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Investors 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 annualized dividend and a dividend yield of 0.9%.

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.