Kestra Private Wealth Services LLC Buys 55,086 Shares of First Trust Rising Dividend Achievers ETF $RDVY

Kestra Private Wealth Services LLC increased its position in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY – Free Report) by 5.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,017,083 shares of the company’s stock after buying an additional 55,086 shares during the period. First Trust Rising Dividend Achievers ETF accounts for approximately 0.8% of Kestra Private Wealth Services LLC’s investment portfolio, making the stock its 16th biggest holding. Kestra Private Wealth Services LLC owned about 0.32% of First Trust Rising Dividend Achievers ETF worth $79,627,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Basepoint Wealth LLC raised its position in shares of First Trust Rising Dividend Achievers ETF by 4.5% during the first quarter. Basepoint Wealth LLC now owns 3,187 shares of the company’s stock worth $218,000 after purchasing an additional 136 shares during the period. Retirement Planning Group LLC grew its position in First Trust Rising Dividend Achievers ETF by 1.8% in the 1st quarter. Retirement Planning Group LLC now owns 8,013 shares of the company’s stock valued at $547,000 after purchasing an additional 138 shares during the period. Quadrant Capital Group LLC increased its stake in First Trust Rising Dividend Achievers ETF by 3.1% during the 3rd quarter. Quadrant Capital Group LLC now owns 4,691 shares of the company’s stock valued at $373,000 after purchasing an additional 141 shares in the last quarter. B. Riley Wealth Advisors Inc. increased its stake in First Trust Rising Dividend Achievers ETF by 1.0% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 17,408 shares of the company’s stock valued at $1,363,000 after purchasing an additional 177 shares in the last quarter. Finally, Castleview Partners LLC increased its stake in First Trust Rising Dividend Achievers ETF by 2.8% during the 1st quarter. Castleview Partners LLC now owns 6,898 shares of the company’s stock valued at $471,000 after purchasing an additional 189 shares in the last quarter.

First Trust Rising Dividend Achievers ETF Trading Up 1.7%

First Trust Rising Dividend Achievers ETF stock opened at $81.09 on Thursday. The firm has a market capitalization of $26.08 billion, a price-to-earnings ratio of 15.46 and a beta of 1.01. The firm’s fifty day moving average price is $79.87 and its two-hundred day moving average price is $76.52. First Trust Rising Dividend Achievers ETF has a 1-year low of $64.99 and a 1-year high of $84.02.

First Trust Rising Dividend Achievers ETF Increases Dividend

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

About First Trust Rising Dividend Achievers ETF

(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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