First Trust Rising Dividend Achievers ETF $RDVY Shares Bought by Wealth Watch Advisors INC

Wealth Watch Advisors INC boosted its stake in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 13.4% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 10,284 shares of the company’s stock after purchasing an additional 1,215 shares during the period. Wealth Watch Advisors INC’s holdings in First Trust Rising Dividend Achievers ETF were worth $645,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Farmers & Merchants Investments Inc. acquired a new stake in shares of First Trust Rising Dividend Achievers ETF during the 2nd quarter valued at about $26,000. Compass Financial Services Inc purchased a new stake in shares of First Trust Rising Dividend Achievers ETF in the first quarter valued at approximately $26,000. SVB Wealth LLC acquired a new position in First Trust Rising Dividend Achievers ETF during the first quarter worth $29,000. Rise Advisors LLC acquired a new position in First Trust Rising Dividend Achievers ETF during the first quarter worth $31,000. Finally, Private Wealth Asset Management LLC boosted its stake in First Trust Rising Dividend Achievers ETF by 201.1% during the second quarter. Private Wealth Asset Management LLC now owns 527 shares of the company’s stock worth $33,000 after buying an additional 352 shares during the last quarter.

First Trust Rising Dividend Achievers ETF Stock Performance

RDVY stock opened at $67.64 on Monday. The firm has a market cap of $17.57 billion, a PE ratio of 15.46 and a beta of 1.15. The firm’s 50 day moving average price is $66.38 and its 200-day moving average price is $62.75. First Trust Rising Dividend Achievers ETF has a one year low of $50.27 and a one year high of $68.11.

First Trust Rising Dividend Achievers ETF Cuts Dividend

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

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.