Kestra Advisory Services LLC boosted its holdings in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY – Free Report) by 5.2% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,904,730 shares of the company’s stock after buying an additional 142,773 shares during the quarter. First Trust Rising Dividend Achievers ETF accounts for approximately 0.6% of Kestra Advisory Services LLC’s holdings, making the stock its 20th biggest position. Kestra Advisory Services LLC owned approximately 0.91% of First Trust Rising Dividend Achievers ETF worth $227,411,000 as of its most recent SEC filing.
Other hedge funds have also bought and sold shares of the company. Northwestern Mutual Wealth Management Co. lifted its stake in First Trust Rising Dividend Achievers ETF by 12.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,492,637 shares of the company’s stock valued at $283,113,000 after acquiring an additional 379,961 shares during the period. Royal Bank of Canada boosted its holdings in shares of First Trust Rising Dividend Achievers ETF by 6.5% during the 1st quarter. Royal Bank of Canada now owns 5,030,578 shares of the company’s stock valued at $343,487,000 after acquiring an additional 307,823 shares during the last quarter. Cetera Investment Advisers grew its stake in shares of First Trust Rising Dividend Achievers ETF by 8.0% in the first quarter. Cetera Investment Advisers now owns 4,044,145 shares of the company’s stock worth $276,134,000 after acquiring an additional 299,620 shares during the period. Independent Financial Group LLC bought a new stake in shares of First Trust Rising Dividend Achievers ETF in the first quarter worth approximately $18,560,000. Finally, Sentinel Advisory Group LLC bought a new stake in shares of First Trust Rising Dividend Achievers ETF in the first quarter worth approximately $18,176,000.
First Trust Rising Dividend Achievers ETF Stock Down 3.8%
RDVY opened at $77.99 on Friday. The firm has a 50 day moving average price of $79.79 and a 200-day moving average price of $76.54. First Trust Rising Dividend Achievers ETF has a twelve month low of $64.99 and a twelve month high of $84.02. The stock has a market capitalization of $25.08 billion, a price-to-earnings ratio of 15.46 and a beta of 1.01.
First Trust Rising Dividend Achievers ETF Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were given a $0.1521 dividend. This is a boost from First Trust Rising Dividend Achievers ETF’s previous quarterly dividend of $0.1474. The ex-dividend date of this dividend was Thursday, September 24th. This represents a $0.61 dividend on an annualized basis and a yield of 0.8%.
About First Trust Rising Dividend Achievers ETF
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.
Featured Articles
- Five stocks we like better than First Trust Rising Dividend Achievers ETF
- Google’s Credit Backstop May Be TeraWulf’s Biggest Advantage
- Could the Midterms Revive Medicare for All? 3 Healthcare Stocks to Watch
- Qualcomm Beat Earnings, But Its Fastest-Growing Businesses Have a Catch
- Oil, Uranium, or Renewables? 3 Energy Plays for a Changing Market
Want to see what other hedge funds are holding RDVY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY – Free Report).
Receive News & Ratings for First Trust Rising Dividend Achievers ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Rising Dividend Achievers ETF and related companies with MarketBeat.com's FREE daily email newsletter.
