Walkner Condon Financial Advisors LLC Boosts Stock Position in First Trust Rising Dividend Achievers ETF $RDVY

Walkner Condon Financial Advisors LLC boosted its holdings in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 11.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 161,408 shares of the company’s stock after purchasing an additional 16,821 shares during the period. First Trust Rising Dividend Achievers ETF comprises approximately 1.7% of Walkner Condon Financial Advisors LLC’s holdings, making the stock its 14th largest holding. Walkner Condon Financial Advisors LLC owned about 0.06% of First Trust Rising Dividend Achievers ETF worth $10,852,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. First Horizon Corp bought a new stake in First Trust Rising Dividend Achievers ETF in the third quarter valued at $25,000. Farmers & Merchants Investments Inc. purchased a new position in shares of First Trust Rising Dividend Achievers ETF during the 2nd quarter worth approximately $26,000. Mather Group LLC. bought a new position in shares of First Trust Rising Dividend Achievers ETF in the 3rd quarter worth approximately $31,000. Private Wealth Asset Management LLC lifted its stake in shares of First Trust Rising Dividend Achievers ETF by 201.1% in the 2nd 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. Finally, Quaker Wealth Management LLC boosted its position in shares of First Trust Rising Dividend Achievers ETF by 200.2% during the second quarter. Quaker Wealth Management LLC now owns 568 shares of the company’s stock valued at $36,000 after purchasing an additional 1,135 shares in the last quarter.

First Trust Rising Dividend Achievers ETF Trading Down 0.1%

RDVY opened at $72.61 on Friday. The company has a market cap of $20.21 billion, a price-to-earnings ratio of 15.46 and a beta of 1.10. The stock has a fifty day simple moving average of $69.44 and a two-hundred day simple moving average of $66.90. First Trust Rising Dividend Achievers ETF has a 12-month low of $50.27 and a 12-month high of $73.11.

First Trust Rising Dividend Achievers ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were issued a dividend of $0.1996 per share. The ex-dividend date was Friday, December 12th. This is a boost from First Trust Rising Dividend Achievers ETF’s previous quarterly dividend of $0.15. This represents a $0.80 annualized dividend and a dividend yield of 1.1%.

About First Trust Rising Dividend Achievers ETF

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.