Castle Rock Wealth Management LLC Purchases 292 Shares of First Trust Rising Dividend Achievers ETF $RDVY

Castle Rock Wealth Management LLC raised its position in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 5.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,049 shares of the company’s stock after buying an additional 292 shares during the quarter. Castle Rock Wealth Management LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $383,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of RDVY. WealthCare Investment Partners LLC boosted its position in First Trust Rising Dividend Achievers ETF by 0.3% during the 2nd quarter. WealthCare Investment Partners LLC now owns 59,562 shares of the company’s stock worth $3,799,000 after buying an additional 161 shares during the period. Raleigh Capital Management Inc. boosted its position in First Trust Rising Dividend Achievers ETF by 34.2% during the 2nd quarter. Raleigh Capital Management Inc. now owns 648 shares of the company’s stock worth $41,000 after buying an additional 165 shares during the period. Barrett & Company Inc. boosted its position in First Trust Rising Dividend Achievers ETF by 0.7% during the 2nd quarter. Barrett & Company Inc. now owns 31,120 shares of the company’s stock worth $1,952,000 after buying an additional 206 shares during the period. Kaydan Wealth Management Inc. boosted its position in First Trust Rising Dividend Achievers ETF by 1.1% during the 1st quarter. Kaydan Wealth Management Inc. now owns 18,404 shares of the company’s stock worth $1,077,000 after buying an additional 207 shares during the period. Finally, Purus Wealth Management LLC boosted its position in First Trust Rising Dividend Achievers ETF by 0.4% during the 1st quarter. Purus Wealth Management LLC now owns 50,320 shares of the company’s stock worth $2,946,000 after buying an additional 207 shares during the period.

First Trust Rising Dividend Achievers ETF Price Performance

NASDAQ:RDVY opened at $67.28 on Thursday. The firm’s 50 day simple moving average is $65.77 and its 200 day simple moving average is $61.84. First Trust Rising Dividend Achievers ETF has a one year low of $50.27 and a one year high of $68.11. The company has a market cap of $17.26 billion, a PE ratio of 15.46 and a beta of 1.15.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were given a dividend of $0.1487 per share. The ex-dividend date was Thursday, September 25th. This represents a $0.59 annualized dividend and a yield of 0.9%.

First Trust Rising Dividend Achievers ETF 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.