Modern Wealth Management LLC Sells 17,070 Shares of First Trust Rising Dividend Achievers ETF $RDVY

Posted by Francis Steltz on Jul 26th, 2026

Modern Wealth Management LLC decreased its stake in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY – Free Report) by 30.7% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 38,445 shares of the company’s stock after selling 17,070 shares during the period. Modern Wealth Management LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $2,647,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the stock. Wills Financial Group LLC increased its position in shares of First Trust Rising Dividend Achievers ETF by 1.4% during the first quarter. Wills Financial Group LLC now owns 15,854 shares of the company’s stock valued at $1,172,000 after buying an additional 222 shares during the period. American Financial Advisors LLC boosted its position in shares of First Trust Rising Dividend Achievers ETF by 1.0% in the first quarter. American Financial Advisors LLC now owns 27,670 shares of the company’s stock valued at $1,889,000 after acquiring an additional 273 shares during the period. Ascension Capital Advisors Inc. grew its stake in First Trust Rising Dividend Achievers ETF by 0.7% during the first quarter. Ascension Capital Advisors Inc. now owns 585,365 shares of the company’s stock valued at $39,969,000 after acquiring an additional 3,893 shares in the last quarter. Cetera Investment Advisers grew its stake in First Trust Rising Dividend Achievers ETF by 8.0% during the first quarter. Cetera Investment Advisers now owns 4,044,145 shares of the company’s stock valued at $276,134,000 after acquiring an additional 299,620 shares in the last quarter. Finally, GSG Advisors LLC increased its holdings in First Trust Rising Dividend Achievers ETF by 6.7% during the 1st quarter. GSG Advisors LLC now owns 189,055 shares of the company’s stock worth $12,909,000 after acquiring an additional 11,853 shares during the period.

First Trust Rising Dividend Achievers ETF Trading Up 0.4%

First Trust Rising Dividend Achievers ETF stock opened at $79.98 on Friday. First Trust Rising Dividend Achievers ETF has a 1-year low of $62.02 and a 1-year high of $81.36. The firm has a market capitalization of $24.39 billion, a PE ratio of 15.46 and a beta of 1.00. The firm’s 50 day simple moving average is $78.14 and its 200 day simple moving average is $74.09.

First Trust Rising Dividend Achievers ETF Cuts Dividend

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

First Trust Rising Dividend Achievers ETF 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.