First Trust Rising Dividend Achievers ETF $RDVY Shares Bought by WealthPLAN Partners LLC

WealthPLAN Partners LLC increased its holdings in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 42.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,696 shares of the company’s stock after buying an additional 2,003 shares during the quarter. WealthPLAN Partners LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $420,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of RDVY. WealthCare Investment Partners LLC grew its stake in shares of 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 purchasing an additional 161 shares during the period. Raleigh Capital Management Inc. grew its stake in shares of 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 purchasing an additional 165 shares during the period. Barrett & Company Inc. grew its stake in shares of 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 purchasing an additional 206 shares during the period. Purus Wealth Management LLC grew its stake in shares of 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 purchasing an additional 207 shares during the period. Finally, Trueblood Wealth Management LLC grew its stake in shares of First Trust Rising Dividend Achievers ETF by 1.7% during the 2nd quarter. Trueblood Wealth Management LLC now owns 14,190 shares of the company’s stock worth $890,000 after purchasing an additional 231 shares during the period.

First Trust Rising Dividend Achievers ETF Stock Performance

First Trust Rising Dividend Achievers ETF stock opened at $65.75 on Friday. The stock has a market capitalization of $16.98 billion, a P/E ratio of 15.46 and a beta of 1.15. The company’s fifty day moving average price is $66.10 and its 200 day moving average price is $62.13. First Trust Rising Dividend Achievers ETF has a 1 year low of $50.27 and a 1 year high of $68.11.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The business 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. The ex-dividend date was Thursday, September 25th. This represents a $0.59 dividend on an annualized basis and a yield of 0.9%.

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.