WPG Advisers LLC raised its stake in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY – Free Report) by 42.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 22,554 shares of the company’s stock after purchasing an additional 6,695 shares during the period. First Trust Rising Dividend Achievers ETF accounts for 1.1% of WPG Advisers LLC’s holdings, making the stock its 18th biggest holding. WPG Advisers LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $1,540,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors have also recently made changes to their positions in RDVY. Financial Perspectives Inc bought a new stake in First Trust Rising Dividend Achievers ETF in the 4th quarter valued at about $26,000. Huntington National Bank raised its stake in First Trust Rising Dividend Achievers ETF by 37,000.0% during the 4th quarter. Huntington National Bank now owns 371 shares of the company’s stock worth $26,000 after buying an additional 370 shares during the period. Trust Co. of Vermont bought a new position in First Trust Rising Dividend Achievers ETF in the fourth quarter worth approximately $27,000. United Community Bank bought a new position in First Trust Rising Dividend Achievers ETF in the fourth quarter worth approximately $28,000. Finally, Lloyd Advisory Services LLC. acquired a new stake in First Trust Rising Dividend Achievers ETF in the fourth quarter valued at approximately $36,000.
First Trust Rising Dividend Achievers ETF Stock Down 1.1%
NASDAQ RDVY opened at $78.86 on Thursday. First Trust Rising Dividend Achievers ETF has a 52 week low of $61.84 and a 52 week high of $81.36. The business has a 50 day moving average price of $76.78 and a 200-day moving average price of $73.29. The company has a market cap of $23.93 billion, a price-to-earnings ratio of 15.46 and a beta of 1.00.
First Trust Rising Dividend Achievers ETF Cuts Dividend
First Trust Rising Dividend Achievers ETF Company Profile
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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