First Trust Rising Dividend Achievers ETF $RDVY Holdings Lifted by Insight Inv LLC

Insight Inv LLC lifted its stake in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 1.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 75,954 shares of the company’s stock after buying an additional 1,100 shares during the period. First Trust Rising Dividend Achievers ETF makes up 3.2% of Insight Inv LLC’s investment portfolio, making the stock its 3rd largest holding. Insight Inv LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $4,765,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of RDVY. Miracle Mile Advisors LLC purchased a new position in First Trust Rising Dividend Achievers ETF during the 1st quarter worth $620,000. Park Avenue Securities LLC grew its position in First Trust Rising Dividend Achievers ETF by 120.2% during the 1st quarter. Park Avenue Securities LLC now owns 26,047 shares of the company’s stock worth $1,525,000 after purchasing an additional 14,220 shares during the last quarter. Farther Finance Advisors LLC grew its position in First Trust Rising Dividend Achievers ETF by 289.5% during the 1st quarter. Farther Finance Advisors LLC now owns 56,547 shares of the company’s stock worth $3,324,000 after purchasing an additional 42,029 shares during the last quarter. Simplicity Wealth LLC grew its position in First Trust Rising Dividend Achievers ETF by 308.2% during the 1st quarter. Simplicity Wealth LLC now owns 19,172 shares of the company’s stock worth $1,122,000 after purchasing an additional 14,475 shares during the last quarter. Finally, Trueblood Wealth Management LLC grew its position in First Trust Rising Dividend Achievers ETF by 14.1% during the 1st quarter. Trueblood Wealth Management LLC now owns 13,959 shares of the company’s stock worth $817,000 after purchasing an additional 1,726 shares during the last quarter.

First Trust Rising Dividend Achievers ETF Stock Performance

Shares of First Trust Rising Dividend Achievers ETF stock opened at $67.28 on Thursday. First Trust Rising Dividend Achievers ETF has a 1 year low of $50.27 and a 1 year high of $68.11. The company has a market capitalization of $17.26 billion, a P/E ratio of 15.46 and a beta of 1.15. The company’s fifty day moving average is $65.77 and its two-hundred day moving average is $61.84.

First Trust Rising Dividend Achievers ETF Cuts Dividend

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

First Trust Rising Dividend Achievers ETF Company 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.