NI Acquisitions Company LLC Acquires New Stake in First Trust Rising Dividend Achievers ETF $RDVY

Posted by Brenda Bartman on Sep 6th, 2026

NI Acquisitions Company LLC bought a new position in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY – Free Report) during the 2nd quarter, HoldingsChannel reports. The institutional investor bought 77,617 shares of the company’s stock, valued at approximately $5,953,000. First Trust Rising Dividend Achievers ETF comprises approximately 2.2% of NI Acquisitions Company LLC’s portfolio, making the stock its 13th largest position.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. LPL Financial LLC grew its position in First Trust Rising Dividend Achievers ETF by 10.5% in the 4th 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 lifted its position 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 worth $783,359,000 after purchasing an additional 1,076,558 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in shares of First Trust Rising Dividend Achievers ETF by 15.7% in the second quarter. Ameriprise Financial Inc. now owns 7,074,097 shares of the company’s stock valued at $442,526,000 after purchasing an additional 957,587 shares during the period. Morgan Stanley boosted its stake in shares of First Trust Rising Dividend Achievers ETF by 4.9% in the fourth quarter. Morgan Stanley now owns 20,152,942 shares of the company’s stock valued at $1,400,025,000 after purchasing an additional 940,590 shares during the period. Finally, Arax Advisory Partners purchased a new position in shares of First Trust Rising Dividend Achievers ETF in the fourth quarter valued at approximately $47,643,000.

First Trust Rising Dividend Achievers ETF Stock Performance

Shares of RDVY stock opened at $82.04 on Friday. First Trust Rising Dividend Achievers ETF has a fifty-two week low of $64.97 and a fifty-two week high of $84.02. The company has a 50 day moving average price of $81.37 and a 200 day moving average price of $76.17. The stock has a market capitalization of $25.16 billion, a P/E ratio of 15.46 and a beta of 1.00.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were paid a $0.1474 dividend. The ex-dividend date was Thursday, June 25th. This represents a $0.59 annualized dividend and a dividend 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.