Bank of America Corp DE Has $508.30 Million Stock Position in First Trust Rising Dividend Achievers ETF $RDVY

Bank of America Corp DE grew its holdings in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVYFree Report) by 3.0% in the 1st quarter, Holdings Channel.com reports. The fund owned 7,444,315 shares of the company’s stock after purchasing an additional 219,060 shares during the period. Bank of America Corp DE’s holdings in First Trust Rising Dividend Achievers ETF were worth $508,298,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the business. Basepoint Wealth LLC increased its holdings in First Trust Rising Dividend Achievers ETF by 4.5% in the first quarter. Basepoint Wealth LLC now owns 3,187 shares of the company’s stock valued at $218,000 after purchasing an additional 136 shares during the period. Retirement Planning Group LLC lifted its holdings in First Trust Rising Dividend Achievers ETF by 1.8% during the 1st quarter. Retirement Planning Group LLC now owns 8,013 shares of the company’s stock worth $547,000 after buying an additional 138 shares during the period. MBE Wealth Management LLC lifted its holdings in First Trust Rising Dividend Achievers ETF by 2.7% during the 1st quarter. MBE Wealth Management LLC now owns 6,798 shares of the company’s stock worth $464,000 after buying an additional 179 shares during the period. Castleview Partners LLC grew its position in shares of First Trust Rising Dividend Achievers ETF by 2.8% in the 1st quarter. Castleview Partners LLC now owns 6,898 shares of the company’s stock valued at $471,000 after buying an additional 189 shares during the last quarter. Finally, Acorn Wealth Advisors LLC grew its position in shares of First Trust Rising Dividend Achievers ETF by 3.7% in the 4th quarter. Acorn Wealth Advisors LLC now owns 5,481 shares of the company’s stock valued at $381,000 after buying an additional 197 shares during the last quarter.

First Trust Rising Dividend Achievers ETF Trading Up 0.4%

Shares of RDVY stock opened at $81.09 on Friday. First Trust Rising Dividend Achievers ETF has a 1-year low of $62.02 and a 1-year high of $81.46. The stock has a market cap of $24.82 billion, a price-to-earnings ratio of 15.46 and a beta of 1.00. The stock has a 50-day moving average of $78.78 and a 200-day moving average of $74.39.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were issued a $0.1474 dividend. The ex-dividend date was Thursday, June 25th. This represents a $0.59 annualized dividend and a yield of 0.7%.

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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