181,311 Shares in First Trust Rising Dividend Achievers ETF $RDVY Purchased by Summit Wealth Group LLC Co.

Posted by on May 13th, 2026

Summit Wealth Group LLC Co. bought a new position in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY – Free Report) in the 4th quarter, Holdings Channel.com reports. The firm bought 181,311 shares of the company’s stock, valued at approximately $12,599,000. First Trust Rising Dividend Achievers ETF accounts for approximately 1.7% of Summit Wealth Group LLC Co.’s portfolio, making the stock its 12th largest holding.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Raymond James Financial Inc. boosted its stake in First Trust Rising Dividend Achievers ETF by 1.8% during the second quarter. Raymond James Financial Inc. now owns 11,201,473 shares of the company’s stock valued at $702,780,000 after buying an additional 198,938 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in First Trust Rising Dividend Achievers ETF by 10.1% during the third quarter. Ameriprise Financial Inc. now owns 7,790,897 shares of the company’s stock valued at $523,914,000 after buying an additional 716,800 shares during the last quarter. Bank of America Corp DE boosted its stake in First Trust Rising Dividend Achievers ETF by 7.0% during the third quarter. Bank of America Corp DE now owns 6,992,315 shares of the company’s stock valued at $470,303,000 after buying an additional 455,258 shares during the last quarter. UBS Group AG boosted its stake in First Trust Rising Dividend Achievers ETF by 4.4% during the fourth quarter. UBS Group AG now owns 5,994,505 shares of the company’s stock valued at $416,438,000 after buying an additional 254,241 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in First Trust Rising Dividend Achievers ETF by 13.3% during the third quarter. Envestnet Asset Management Inc. now owns 4,906,017 shares of the company’s stock valued at $329,979,000 after buying an additional 577,318 shares during the last quarter.

First Trust Rising Dividend Achievers ETF Trading Down 0.3%

Shares of First Trust Rising Dividend Achievers ETF stock opened at $74.07 on Wednesday. The stock has a 50 day moving average of $71.44 and a 200 day moving average of $70.60. First Trust Rising Dividend Achievers ETF has a 12 month low of $59.01 and a 12 month high of $75.75. The firm has a market cap of $21.76 billion, a PE ratio of 15.46 and a beta of 1.02.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were paid a dividend of $0.1813 per share. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $0.73 dividend on an annualized basis and a yield of 1.0%.

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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