Wisconsin Wealth Advisors LLC Boosts Stock Position in First Trust Rising Dividend Achievers ETF $RDVY

Wisconsin Wealth Advisors LLC lifted its position in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 6.3% in the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 56,755 shares of the company’s stock after acquiring an additional 3,350 shares during the period. First Trust Rising Dividend Achievers ETF accounts for about 4.1% of Wisconsin Wealth Advisors LLC’s investment portfolio, making the stock its 6th largest holding. Wisconsin Wealth Advisors LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $3,561,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Compass Financial Services Inc bought a new position in shares of First Trust Rising Dividend Achievers ETF in the 1st quarter worth about $26,000. Farmers & Merchants Investments Inc. bought a new stake in First Trust Rising Dividend Achievers ETF during the 2nd quarter valued at about $26,000. SVB Wealth LLC bought a new position in shares of First Trust Rising Dividend Achievers ETF in the first quarter worth approximately $29,000. Rise Advisors LLC purchased a new stake in shares of First Trust Rising Dividend Achievers ETF during the first quarter valued at approximately $31,000. Finally, Private Wealth Asset Management LLC lifted its position 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 valued at $33,000 after purchasing an additional 352 shares during the period.

First Trust Rising Dividend Achievers ETF Price Performance

NASDAQ RDVY opened at $66.74 on Thursday. First Trust Rising Dividend Achievers ETF has a 1-year low of $50.27 and a 1-year high of $68.49. The stock has a market capitalization of $17.44 billion, a price-to-earnings ratio of 15.46 and a beta of 1.10. The business’s fifty day moving average price is $67.00 and its 200-day moving average price is $64.20.

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 paid a dividend of $0.1487 per share. The ex-dividend date 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

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.