Mariner LLC increased its holdings in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY – Free Report) by 0.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,050,247 shares of the company’s stock after acquiring an additional 8,622 shares during the quarter. Mariner LLC owned approximately 0.37% of First Trust Rising Dividend Achievers ETF worth $72,961,000 as of its most recent SEC filing.
A number of other hedge funds also recently added to or reduced their stakes in the business. LPL Financial LLC increased its holdings in shares of First Trust Rising Dividend Achievers ETF by 10.5% during the fourth quarter. LPL Financial LLC now owns 30,504,116 shares of the company’s stock valued at $2,119,121,000 after acquiring an additional 2,907,770 shares in the last quarter. Wells Fargo & Company MN increased its holdings in shares of First Trust Rising Dividend Achievers ETF by 10.6% during the fourth quarter. Wells Fargo & Company MN now owns 11,276,215 shares of the company’s stock valued at $783,359,000 after acquiring an additional 1,076,558 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in First Trust Rising Dividend Achievers ETF by 15.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 7,074,097 shares of the company’s stock worth $442,526,000 after buying an additional 957,587 shares during the period. Morgan Stanley increased its holdings in First Trust Rising Dividend Achievers ETF by 4.9% in the 4th quarter. Morgan Stanley now owns 20,152,942 shares of the company’s stock worth $1,400,025,000 after buying an additional 940,590 shares during the period. Finally, JPMorgan Chase & Co. increased its holdings in First Trust Rising Dividend Achievers ETF by 74.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,707,049 shares of the company’s stock worth $114,816,000 after buying an additional 725,742 shares during the period.
First Trust Rising Dividend Achievers ETF Trading Up 1.0%
Shares of NASDAQ:RDVY opened at $79.38 on Tuesday. First Trust Rising Dividend Achievers ETF has a twelve month low of $60.30 and a twelve month high of $79.88. The company’s 50 day moving average is $74.52 and its 200 day moving average is $72.03. The company has a market cap of $23.32 billion, a PE ratio of 15.46 and a beta of 1.01.
First Trust Rising Dividend Achievers ETF Cuts Dividend
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.
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