RFG Bristol Wealth Advisors LLC Purchases 5,962 Shares of First Trust Rising Dividend Achievers ETF $RDVY

RFG Bristol Wealth Advisors LLC lifted its position in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 11.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 57,947 shares of the company’s stock after purchasing an additional 5,962 shares during the quarter. First Trust Rising Dividend Achievers ETF comprises about 1.1% of RFG Bristol Wealth Advisors LLC’s investment portfolio, making the stock its 25th biggest position. RFG Bristol Wealth Advisors LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $3,636,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Farmers & Merchants Investments Inc. bought a new stake in First Trust Rising Dividend Achievers ETF in the 2nd quarter worth approximately $26,000. Compass Financial Services Inc bought a new stake in First Trust Rising Dividend Achievers ETF in the first quarter worth $26,000. SVB Wealth LLC bought a new stake in First Trust Rising Dividend Achievers ETF in the first quarter worth $29,000. Rise Advisors LLC bought a new stake in First Trust Rising Dividend Achievers ETF in the first quarter worth $31,000. Finally, Private Wealth Asset Management LLC increased its position in First Trust Rising Dividend Achievers ETF by 201.1% in the second quarter. Private Wealth Asset Management LLC now owns 527 shares of the company’s stock worth $33,000 after purchasing an additional 352 shares during the last quarter.

First Trust Rising Dividend Achievers ETF Stock Down 0.5%

First Trust Rising Dividend Achievers ETF stock opened at $66.98 on Wednesday. The company’s 50-day moving average price is $66.72 and its 200-day moving average price is $63.43. First Trust Rising Dividend Achievers ETF has a twelve month low of $50.27 and a twelve month high of $68.49. The company has a market cap of $17.48 billion, a PE ratio of 15.46 and a beta of 1.10.

First Trust Rising Dividend Achievers ETF Cuts Dividend

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