Moloney Securities Asset Management LLC Has $1.19 Million Stock Holdings in First Trust Rising Dividend Achievers ETF $RDVY

Moloney Securities Asset Management LLC cut its position in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 7.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,923 shares of the company’s stock after selling 1,586 shares during the period. Moloney Securities Asset Management LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $1,187,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the company. LPL Financial LLC lifted its position in First Trust Rising Dividend Achievers ETF by 11.2% in the 1st quarter. LPL Financial LLC now owns 23,686,574 shares of the company’s stock valued at $1,386,612,000 after acquiring an additional 2,379,430 shares in the last quarter. Raymond James Financial Inc. lifted its position in First Trust Rising Dividend Achievers ETF by 9.7% in the 1st quarter. Raymond James Financial Inc. now owns 11,002,535 shares of the company’s stock valued at $644,088,000 after acquiring an additional 971,388 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in First Trust Rising Dividend Achievers ETF by 7.7% in the 1st quarter. Commonwealth Equity Services LLC now owns 6,074,450 shares of the company’s stock valued at $355,598,000 after acquiring an additional 434,447 shares in the last quarter. Truist Financial Corp lifted its position in First Trust Rising Dividend Achievers ETF by 44.3% in the 2nd quarter. Truist Financial Corp now owns 1,403,926 shares of the company’s stock valued at $88,082,000 after acquiring an additional 430,935 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its position in First Trust Rising Dividend Achievers ETF by 10.8% in the 1st quarter. Envestnet Asset Management Inc. now owns 3,421,026 shares of the company’s stock valued at $200,267,000 after acquiring an additional 334,330 shares in the last quarter.

First Trust Rising Dividend Achievers ETF Stock Performance

Shares of NASDAQ RDVY opened at $67.64 on Friday. First Trust Rising Dividend Achievers ETF has a fifty-two week low of $50.27 and a fifty-two week high of $68.11. The stock has a market cap of $17.57 billion, a price-to-earnings ratio of 15.46 and a beta of 1.15. The firm’s 50-day simple moving average is $66.38 and its 200 day simple moving average is $62.63.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were given a $0.1487 dividend. The ex-dividend date of this dividend was Thursday, September 25th. This represents a $0.59 annualized dividend and a 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.