Sequent Planning LLC Acquires 14,755 Shares of First Trust Rising Dividend Achievers ETF $RDVY

Sequent Planning LLC lifted its holdings in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVYFree Report) by 77.9% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 33,686 shares of the company’s stock after purchasing an additional 14,755 shares during the period. Sequent Planning LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $2,340,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Tucker Asset Management LLC lifted its stake in shares of First Trust Rising Dividend Achievers ETF by 5.3% in the 4th quarter. Tucker Asset Management LLC now owns 4,128 shares of the company’s stock worth $287,000 after purchasing an additional 206 shares during the period. L & S Advisors Inc lifted its stake in shares of First Trust Rising Dividend Achievers ETF by 1.5% in the 4th quarter. L & S Advisors Inc now owns 25,960 shares of the company’s stock worth $1,803,000 after purchasing an additional 391 shares during the period. Atlas Wealth LLC lifted its stake in shares of First Trust Rising Dividend Achievers ETF by 10.3% in the 4th quarter. Atlas Wealth LLC now owns 39,586 shares of the company’s stock worth $2,750,000 after purchasing an additional 3,694 shares during the period. Cambridge Investment Research Advisors Inc. lifted its stake in shares of First Trust Rising Dividend Achievers ETF by 4.5% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 2,708,359 shares of the company’s stock worth $188,150,000 after purchasing an additional 117,439 shares during the period. Finally, Stephens Inc. AR lifted its stake in shares of First Trust Rising Dividend Achievers ETF by 6.7% in the 4th quarter. Stephens Inc. AR now owns 115,227 shares of the company’s stock worth $8,005,000 after purchasing an additional 7,206 shares during the period.

First Trust Rising Dividend Achievers ETF Price Performance

Shares of NASDAQ:RDVY opened at $73.64 on Monday. The firm’s 50 day moving average price is $71.58 and its 200-day moving average price is $70.73. First Trust Rising Dividend Achievers ETF has a twelve month low of $59.01 and a twelve month high of $75.75. The stock has a market capitalization of $21.63 billion, a PE ratio of 15.46 and a beta of 1.02.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were paid a $0.1813 dividend. This represents a $0.73 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Thursday, March 26th.

About First Trust Rising Dividend Achievers ETF

(Free Report)

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.

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Institutional Ownership by Quarter for First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY)

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