IFG Advisory LLC Sells 15,540 Shares of First Trust Rising Dividend Achievers ETF $RDVY

IFG Advisory LLC lessened its holdings in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVYFree Report) by 7.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 196,626 shares of the company’s stock after selling 15,540 shares during the quarter. IFG Advisory LLC owned approximately 0.07% of First Trust Rising Dividend Achievers ETF worth $13,660,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Balefire LLC boosted its stake in shares of First Trust Rising Dividend Achievers ETF by 32.1% in the 4th quarter. Balefire LLC now owns 39,521 shares of the company’s stock valued at $2,746,000 after purchasing an additional 9,594 shares during the last quarter. Ashton Thomas Private Wealth LLC boosted its stake in shares of First Trust Rising Dividend Achievers ETF by 27.6% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 34,134 shares of the company’s stock valued at $2,296,000 after purchasing an additional 7,379 shares during the last quarter. Atria Investments Inc raised its position in shares of First Trust Rising Dividend Achievers ETF by 7.1% in the 3rd quarter. Atria Investments Inc now owns 193,425 shares of the company’s stock valued at $13,010,000 after acquiring an additional 12,843 shares during the period. Cozad Asset Management Inc. raised its position in shares of First Trust Rising Dividend Achievers ETF by 9.3% in the 3rd quarter. Cozad Asset Management Inc. now owns 108,125 shares of the company’s stock valued at $7,272,000 after acquiring an additional 9,181 shares during the period. Finally, Genesis Private Wealth LLC raised its position in shares of First Trust Rising Dividend Achievers ETF by 7.1% in the 4th quarter. Genesis Private Wealth LLC now owns 112,076 shares of the company’s stock valued at $7,786,000 after acquiring an additional 7,444 shares during the period.

First Trust Rising Dividend Achievers ETF Price Performance

Shares of NASDAQ:RDVY opened at $75.69 on Thursday. The company has a market capitalization of $22.23 billion, a price-to-earnings ratio of 15.46 and a beta of 1.02. The firm’s 50 day simple moving average is $72.44 and its 200 day simple moving average is $71.15. First Trust Rising Dividend Achievers ETF has a fifty-two week low of $59.67 and a fifty-two week high of $76.57.

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 given a $0.1813 dividend. This represents a $0.73 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Thursday, March 26th.

About First Trust Rising Dividend Achievers ETF

(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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