Brookstone Capital Management Purchases 15,808 Shares of First Trust Rising Dividend Achievers ETF $RDVY

Brookstone Capital Management raised its holdings in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVYFree Report) by 9.3% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 185,649 shares of the company’s stock after purchasing an additional 15,808 shares during the period. Brookstone Capital Management’s holdings in First Trust Rising Dividend Achievers ETF were worth $12,676,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of RDVY. Balefire LLC lifted its holdings in First Trust Rising Dividend Achievers ETF by 32.1% in the fourth quarter. Balefire LLC now owns 39,521 shares of the company’s stock valued at $2,746,000 after buying an additional 9,594 shares during the period. Cozad Asset Management Inc. boosted its stake in First Trust Rising Dividend Achievers ETF by 9.3% in the third quarter. Cozad Asset Management Inc. now owns 108,125 shares of the company’s stock valued at $7,272,000 after acquiring an additional 9,181 shares during the last quarter. Genesis Private Wealth LLC grew its holdings in First Trust Rising Dividend Achievers ETF by 7.1% during the 4th quarter. Genesis Private Wealth LLC now owns 112,076 shares of the company’s stock worth $7,786,000 after acquiring an additional 7,444 shares during the period. Cliftonlarsonallen Wealth Advisors LLC acquired a new stake in First Trust Rising Dividend Achievers ETF during the 4th quarter worth $743,000. Finally, Citigroup Inc. raised its position in shares of First Trust Rising Dividend Achievers ETF by 4.7% during the 3rd quarter. Citigroup Inc. now owns 364,681 shares of the company’s stock valued at $24,528,000 after acquiring an additional 16,507 shares during the last quarter.

First Trust Rising Dividend Achievers ETF Stock Performance

Shares of First Trust Rising Dividend Achievers ETF stock opened at $79.69 on Tuesday. The firm has a fifty day moving average of $75.38 and a two-hundred day moving average of $72.42. The stock has a market capitalization of $23.41 billion, a price-to-earnings ratio of 15.46 and a beta of 1.01. First Trust Rising Dividend Achievers ETF has a 52 week low of $60.30 and a 52 week high of $80.05.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were issued a $0.1813 dividend. This represents a $0.73 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Thursday, March 26th.

First Trust Rising Dividend Achievers ETF Company Profile

(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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