First Trust Rising Dividend Achievers ETF $RDVY Shares Bought by Cetera Investment Advisers

Cetera Investment Advisers grew its stake in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVYFree Report) by 8.0% during the 1st quarter, Holdings Channel reports. The fund owned 4,044,145 shares of the company’s stock after acquiring an additional 299,620 shares during the period. Cetera Investment Advisers’ holdings in First Trust Rising Dividend Achievers ETF were worth $276,134,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the stock. LPL Financial LLC raised its stake in First Trust Rising Dividend Achievers ETF by 10.5% in the 4th 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 during the last quarter. Wells Fargo & Company MN boosted its stake in shares of First Trust Rising Dividend Achievers ETF by 10.6% during the 4th quarter. Wells Fargo & Company MN now owns 11,276,215 shares of the company’s stock worth $783,359,000 after purchasing an additional 1,076,558 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in shares of First Trust Rising Dividend Achievers ETF by 15.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 7,074,097 shares of the company’s stock worth $442,526,000 after purchasing an additional 957,587 shares during the last quarter. Morgan Stanley boosted its stake in shares of First Trust Rising Dividend Achievers ETF by 4.9% during the 4th quarter. Morgan Stanley now owns 20,152,942 shares of the company’s stock worth $1,400,025,000 after purchasing an additional 940,590 shares during the last quarter. Finally, Arax Advisory Partners purchased a new stake in shares of First Trust Rising Dividend Achievers ETF during the fourth quarter worth about $47,643,000.

First Trust Rising Dividend Achievers ETF Price Performance

Shares of NASDAQ RDVY opened at $80.03 on Thursday. The company has a 50-day simple moving average of $77.91 and a 200-day simple moving average of $73.98. The company has a market cap of $24.39 billion, a PE ratio of 15.46 and a beta of 1.00. First Trust Rising Dividend Achievers ETF has a 12 month low of $62.02 and a 12 month high of $81.36.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were given a dividend of $0.1474 per share. The ex-dividend date was Thursday, June 25th. This represents a $0.59 dividend on an annualized basis and a yield of 0.7%.

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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