Walkner Condon Financial Advisors LLC Raises Position in First Trust Rising Dividend Achievers ETF $RDVY

Walkner Condon Financial Advisors LLC grew its position in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 5.8% during the second quarter, according to its most recent filing with the SEC. The firm owned 144,587 shares of the company’s stock after acquiring an additional 7,900 shares during the period. First Trust Rising Dividend Achievers ETF comprises about 1.7% of Walkner Condon Financial Advisors LLC’s holdings, making the stock its 15th largest holding. Walkner Condon Financial Advisors LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $9,071,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. LPL Financial LLC grew its stake in First Trust Rising Dividend Achievers ETF by 11.2% in the first quarter. LPL Financial LLC now owns 23,686,574 shares of the company’s stock worth $1,386,612,000 after purchasing an additional 2,379,430 shares during the period. Raymond James Financial Inc. lifted its position in First Trust Rising Dividend Achievers ETF by 9.7% during the first quarter. Raymond James Financial Inc. now owns 11,002,535 shares of the company’s stock valued at $644,088,000 after buying an additional 971,388 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of First Trust Rising Dividend Achievers ETF by 26.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 4,328,699 shares of the company’s stock valued at $271,583,000 after buying an additional 907,673 shares in the last quarter. Commonwealth Equity Services LLC boosted its holdings in shares of First Trust Rising Dividend Achievers ETF by 7.7% during the 1st quarter. Commonwealth Equity Services LLC now owns 6,074,450 shares of the company’s stock valued at $355,598,000 after buying an additional 434,447 shares in the last quarter. Finally, Truist Financial Corp grew its position in shares of First Trust Rising Dividend Achievers ETF by 44.3% in the 2nd quarter. Truist Financial Corp now owns 1,403,926 shares of the company’s stock worth $88,082,000 after buying an additional 430,935 shares during the period.

First Trust Rising Dividend Achievers ETF Price Performance

Shares of First Trust Rising Dividend Achievers ETF stock opened at $66.57 on Friday. First Trust Rising Dividend Achievers ETF has a 1 year low of $50.27 and a 1 year high of $68.49. The firm has a market cap of $17.39 billion, a price-to-earnings ratio of 15.46 and a beta of 1.10. The company has a 50-day moving average of $66.78 and a 200 day moving average of $63.48.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were given a $0.1487 dividend. This represents a $0.59 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend was Thursday, September 25th.

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.