World Investment Advisors Acquires 37,803 Shares of First Trust Rising Dividend Achievers ETF $RDVY

World Investment Advisors lifted its holdings in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVYFree Report) by 31.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 158,704 shares of the company’s stock after acquiring an additional 37,803 shares during the quarter. World Investment Advisors owned 0.06% of First Trust Rising Dividend Achievers ETF worth $11,025,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Topsail Wealth Management LLC raised its holdings in First Trust Rising Dividend Achievers ETF by 2.9% during the 4th quarter. Topsail Wealth Management LLC now owns 23,272 shares of the company’s stock valued at $1,617,000 after buying an additional 665 shares during the last quarter. Opinicus Capital Inc. raised its holdings in First Trust Rising Dividend Achievers ETF by 2.5% during the 4th quarter. Opinicus Capital Inc. now owns 18,602 shares of the company’s stock valued at $1,292,000 after buying an additional 449 shares during the last quarter. Meridian Wealth Management LLC raised its holdings in First Trust Rising Dividend Achievers ETF by 14.0% during the 4th quarter. Meridian Wealth Management LLC now owns 6,106 shares of the company’s stock valued at $424,000 after buying an additional 751 shares during the last quarter. Tsfg LLC purchased a new position in First Trust Rising Dividend Achievers ETF during the 4th quarter valued at $8,862,000. Finally, Fairway Financial LLC increased its position in First Trust Rising Dividend Achievers ETF by 2.1% during the 4th quarter. Fairway Financial LLC now owns 131,352 shares of the company’s stock valued at $9,125,000 after purchasing an additional 2,653 shares during the period.

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 company’s fifty day simple moving average is $71.44 and its two-hundred day simple moving average is $70.60. The company has a market cap of $21.76 billion, a P/E ratio of 15.46 and a beta of 1.02. First Trust Rising Dividend Achievers ETF has a 12-month low of $59.01 and a 12-month high of $75.75.

First Trust Rising Dividend Achievers ETF Cuts Dividend

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

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.

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Institutional Ownership by Quarter for First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY)

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