First Trust Rising Dividend Achievers ETF $RDVY Stake Raised by Accel Wealth Management

Accel Wealth Management lifted its position in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY – Free Report) by 8.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 137,688 shares of the company’s stock after buying an additional 11,173 shares during the quarter. First Trust Rising Dividend Achievers ETF makes up approximately 2.3% of Accel Wealth Management’s portfolio, making the stock its 7th biggest holding. Accel Wealth Management’s holdings in First Trust Rising Dividend Achievers ETF were worth $10,780,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. RVW Wealth LLC boosted its holdings in First Trust Rising Dividend Achievers ETF by 1.6% in the 3rd quarter. RVW Wealth LLC now owns 596,440 shares of the company’s stock valued at $46,695,000 after purchasing an additional 9,534 shares during the period. Serenity Investment Advisors grew its position in shares of First Trust Rising Dividend Achievers ETF by 34.1% during the 2nd quarter. Serenity Investment Advisors now owns 28,004 shares of the company’s stock valued at $2,282,000 after purchasing an additional 7,116 shares in the last quarter. Crumly & Associates Inc. increased its holdings in shares of First Trust Rising Dividend Achievers ETF by 7.3% in the third quarter. Crumly & Associates Inc. now owns 346,312 shares of the company’s stock worth $27,113,000 after purchasing an additional 23,535 shares during the period. Certified Advisory Corp increased its holdings in shares of First Trust Rising Dividend Achievers ETF by 10.9% in the first quarter. Certified Advisory Corp now owns 111,055 shares of the company’s stock worth $7,583,000 after purchasing an additional 10,873 shares during the period. Finally, Kestra Private Wealth Services LLC raised its position in shares of First Trust Rising Dividend Achievers ETF by 6.2% in the first quarter. Kestra Private Wealth Services LLC now owns 935,616 shares of the company’s stock worth $63,884,000 after buying an additional 54,487 shares in the last quarter.

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First Trust Rising Dividend Achievers ETF Stock Down 0.3%

Shares of RDVY stock traded down $0.21 on Tuesday, reaching $79.53. The company’s stock had a trading volume of 880,945 shares, compared to its average volume of 1,283,179. The company has a market capitalization of $25.40 billion, a P/E ratio of 15.46 and a beta of 1.00. First Trust Rising Dividend Achievers ETF has a 12-month low of $64.99 and a 12-month high of $84.02. The stock’s 50 day simple moving average is $81.02 and its 200-day simple moving average is $77.83.

First Trust Rising Dividend Achievers ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were paid a $0.1521 dividend. The ex-dividend date was Thursday, September 24th. This represents a $0.61 dividend on an annualized basis and a yield of 0.8%. This is an increase from First Trust Rising Dividend Achievers ETF’s previous quarterly dividend of $0.1474.

First Trust Rising Dividend Achievers ETF 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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