First Trust Rising Dividend Achievers ETF $RDVY Shares Sold by Beck Bode LLC

Beck Bode LLC reduced its holdings in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 34.7% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 20,712 shares of the company’s stock after selling 10,995 shares during the quarter. Beck Bode LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $1,299,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. LPL Financial LLC increased its stake in First Trust Rising Dividend Achievers ETF by 11.2% during the 1st quarter. LPL Financial LLC now owns 23,686,574 shares of the company’s stock valued at $1,386,612,000 after buying an additional 2,379,430 shares during the period. Raymond James Financial Inc. boosted its holdings in shares of First Trust Rising Dividend Achievers ETF by 9.7% in the first quarter. Raymond James Financial Inc. now owns 11,002,535 shares of the company’s stock valued at $644,088,000 after acquiring an additional 971,388 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in shares of First Trust Rising Dividend Achievers ETF by 26.5% during the second quarter. Envestnet Asset Management Inc. now owns 4,328,699 shares of the company’s stock valued at $271,583,000 after acquiring an additional 907,673 shares during the period. Commonwealth Equity Services LLC increased its stake in shares of First Trust Rising Dividend Achievers ETF by 7.7% during the first quarter. Commonwealth Equity Services LLC now owns 6,074,450 shares of the company’s stock valued at $355,598,000 after acquiring an additional 434,447 shares during the period. Finally, Truist Financial Corp raised its holdings in First Trust Rising Dividend Achievers ETF by 44.3% during the second quarter. Truist Financial Corp now owns 1,403,926 shares of the company’s stock worth $88,082,000 after purchasing an additional 430,935 shares in the last quarter.

First Trust Rising Dividend Achievers ETF Stock Performance

Shares of RDVY stock opened at $67.94 on Wednesday. First Trust Rising Dividend Achievers ETF has a 1 year low of $50.27 and a 1 year high of $68.49. The business’s fifty day moving average is $66.90 and its 200-day moving average is $63.85. The stock has a market cap of $17.75 billion, a PE ratio of 15.46 and a beta of 1.10.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were paid a $0.1487 dividend. The ex-dividend date of this dividend was Thursday, September 25th. This represents a $0.59 dividend on an annualized basis and a yield of 0.9%.

About First Trust Rising Dividend Achievers ETF

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.