First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) Sets New 1-Year High After Dividend Announcement

Posted by on Jun 27th, 2026

First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY – Get Free Report) shares hit a new 52-week high during trading on Thursday after the company announced a dividend. The company traded as high as $80.17 and last traded at $80.03, with a volume of 429811 shares trading hands. The stock had previously closed at $78.94.

The newly announced dividend which will be paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th will be issued a dividend of $0.1474 per share. This represents a $0.59 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Thursday, June 25th.

First Trust Rising Dividend Achievers ETF Stock Down 0.6%

The firm has a market capitalization of $23.29 billion, a PE ratio of 15.46 and a beta of 1.01. The stock’s fifty day simple moving average is $75.87 and its 200 day simple moving average is $72.67.

Institutional Investors Weigh In On First Trust Rising Dividend Achievers ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. LPL Financial LLC lifted its position in First Trust Rising Dividend Achievers ETF by 10.5% during the fourth quarter. LPL Financial LLC now owns 30,504,116 shares of the company’s stock valued at $2,119,121,000 after purchasing an additional 2,907,770 shares in the last quarter. Morgan Stanley increased its position in First Trust Rising Dividend Achievers ETF by 4.9% in the fourth quarter. Morgan Stanley now owns 20,152,942 shares of the company’s stock worth $1,400,025,000 after buying an additional 940,590 shares in the last quarter. Raymond James Financial Inc. increased its position in First Trust Rising Dividend Achievers ETF by 2.2% in the fourth quarter. Raymond James Financial Inc. now owns 11,285,710 shares of the company’s stock worth $784,018,000 after buying an additional 243,585 shares in the last quarter. Wells Fargo & Company MN raised its stake in shares of First Trust Rising Dividend Achievers ETF by 10.6% in the fourth quarter. Wells Fargo & Company MN now owns 11,276,215 shares of the company’s stock worth $783,359,000 after buying an additional 1,076,558 shares during the period. Finally, Ameriprise Financial Inc. raised its stake in shares of First Trust Rising Dividend Achievers ETF by 10.1% in the third quarter. Ameriprise Financial Inc. now owns 7,790,897 shares of the company’s stock worth $523,914,000 after buying an additional 716,800 shares during the period.

About First Trust Rising Dividend Achievers ETF

(Get 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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