First Trust Rising Dividend Achievers ETF $RDVY Shares Purchased by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. boosted its stake in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 6.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 512,774 shares of the company’s stock after buying an additional 31,261 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in First Trust Rising Dividend Achievers ETF were worth $34,489,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Ameriprise Financial Inc. grew its position in First Trust Rising Dividend Achievers ETF by 15.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 7,074,097 shares of the company’s stock valued at $442,526,000 after acquiring an additional 957,587 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of First Trust Rising Dividend Achievers ETF by 26.5% in the second quarter. Envestnet Asset Management Inc. now owns 4,328,699 shares of the company’s stock valued at $271,583,000 after purchasing an additional 907,673 shares during the period. Bank of America Corp DE boosted its stake in shares of First Trust Rising Dividend Achievers ETF by 4.1% in the second quarter. Bank of America Corp DE now owns 6,537,057 shares of the company’s stock valued at $410,135,000 after purchasing an additional 258,172 shares during the period. Jones Financial Companies Lllp grew its holdings in shares of First Trust Rising Dividend Achievers ETF by 27.4% in the third quarter. Jones Financial Companies Lllp now owns 1,153,826 shares of the company’s stock valued at $77,572,000 after purchasing an additional 248,261 shares in the last quarter. Finally, Gladstone Institutional Advisory LLC increased its stake in First Trust Rising Dividend Achievers ETF by 102.6% during the 3rd quarter. Gladstone Institutional Advisory LLC now owns 460,658 shares of the company’s stock worth $30,984,000 after buying an additional 233,305 shares during the period.

First Trust Rising Dividend Achievers ETF Stock Down 0.3%

First Trust Rising Dividend Achievers ETF stock opened at $72.61 on Wednesday. First Trust Rising Dividend Achievers ETF has a 52-week low of $50.27 and a 52-week high of $73.43. The firm has a market cap of $20.49 billion, a PE ratio of 15.46 and a beta of 1.10. The company’s 50 day moving average is $71.20 and its two-hundred day moving average is $68.01.

First Trust Rising Dividend Achievers ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were paid a $0.1996 dividend. The ex-dividend date was Friday, December 12th. This is an increase from First Trust Rising Dividend Achievers ETF’s previous quarterly dividend of $0.15. This represents a $0.80 annualized dividend and a dividend yield of 1.1%.

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.