First Trust Rising Dividend Achievers ETF $RDVY Shares Bought by Prospera Financial Services Inc

Prospera Financial Services Inc lifted its holdings in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 10.9% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 1,060,141 shares of the company’s stock after buying an additional 104,476 shares during the period. First Trust Rising Dividend Achievers ETF makes up about 1.2% of Prospera Financial Services Inc’s portfolio, making the stock its 8th biggest holding. Prospera Financial Services Inc’s holdings in First Trust Rising Dividend Achievers ETF were worth $66,539,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. WealthCare Investment Partners LLC raised its position in First Trust Rising Dividend Achievers ETF by 0.3% in the second quarter. WealthCare Investment Partners LLC now owns 59,562 shares of the company’s stock valued at $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% in the second quarter. Raleigh Capital Management Inc. now owns 648 shares of the company’s stock valued at $41,000 after buying an additional 165 shares in the last quarter. Centerpoint Advisory Group raised its holdings in shares of First Trust Rising Dividend Achievers ETF by 0.5% during the 2nd quarter. Centerpoint Advisory Group now owns 33,586 shares of the company’s stock valued at $2,107,000 after buying an additional 172 shares during the period. Moors & Cabot Inc. lifted its position in First Trust Rising Dividend Achievers ETF by 2.4% during the 2nd quarter. Moors & Cabot Inc. now owns 8,218 shares of the company’s stock worth $516,000 after acquiring an additional 194 shares in the last quarter. Finally, Barrett & Company Inc. lifted 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 acquiring an additional 206 shares in the last quarter.

First Trust Rising Dividend Achievers ETF Stock Up 0.5%

NASDAQ RDVY opened at $67.23 on Friday. First Trust Rising Dividend Achievers ETF has a fifty-two week low of $50.27 and a fifty-two week high of $68.49. The business has a 50 day moving average price of $66.81 and a two-hundred day moving average price of $63.58. The stock has a market cap of $17.57 billion, a PE ratio of 15.46 and a beta of 1.10.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were issued a dividend of $0.1487 per share. This represents a $0.59 dividend on an annualized basis 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.