First Heartland Consultants Inc. increased its holdings in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY – Free Report) by 1.6% during the 2nd quarter, Holdings Channel.com reports. The fund owned 488,517 shares of the company’s stock after buying an additional 7,846 shares during the period. First Trust Rising Dividend Achievers ETF makes up approximately 2.6% of First Heartland Consultants Inc.’s portfolio, making the stock its 4th biggest position. First Heartland Consultants Inc.’s holdings in First Trust Rising Dividend Achievers ETF were worth $39,599,000 at the end of the most recent reporting period.
A number of other large investors have also recently bought and sold shares of RDVY. LPL Financial LLC boosted its stake in First Trust Rising Dividend Achievers ETF by 10.5% in 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 during the period. Wells Fargo & Company MN raised its position in shares of First Trust Rising Dividend Achievers ETF by 10.6% during the 4th quarter. Wells Fargo & Company MN now owns 11,276,215 shares of the company’s stock worth $783,359,000 after purchasing an additional 1,076,558 shares during the period. Ameriprise Financial Inc. lifted its holdings in shares of 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 purchasing an additional 957,587 shares during the last quarter. Morgan Stanley lifted its holdings in shares of 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 purchasing an additional 940,590 shares during the last quarter. Finally, Arax Advisory Partners bought a new stake in shares of First Trust Rising Dividend Achievers ETF in the 4th quarter worth approximately $47,643,000.
First Trust Rising Dividend Achievers ETF Price Performance
NASDAQ:RDVY opened at $83.32 on Friday. The firm has a market capitalization of $25.55 billion, a P/E ratio of 15.46 and a beta of 1.00. The business has a 50 day simple moving average of $79.51 and a 200 day simple moving average of $74.76. First Trust Rising Dividend Achievers ETF has a 12-month low of $63.58 and a 12-month high of $83.99.
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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