Wealthcare Advisory Partners LLC Has $9.06 Million Stock Holdings in First Trust Rising Dividend Achievers ETF $RDVY

Wealthcare Advisory Partners LLC raised its holdings in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 12.4% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 134,722 shares of the company’s stock after acquiring an additional 14,899 shares during the period. Wealthcare Advisory Partners LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $9,061,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in RDVY. Ashton Thomas Private Wealth LLC raised its stake in First Trust Rising Dividend Achievers ETF by 27.6% during the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 34,134 shares of the company’s stock worth $2,296,000 after buying an additional 7,379 shares during the period. Atria Investments Inc grew its stake in First Trust Rising Dividend Achievers ETF by 7.1% in the third quarter. Atria Investments Inc now owns 193,425 shares of the company’s stock valued at $13,010,000 after acquiring an additional 12,843 shares during the period. Harel Insurance Investments & Financial Services Ltd. increased its holdings in shares of First Trust Rising Dividend Achievers ETF by 15.9% in the third quarter. Harel Insurance Investments & Financial Services Ltd. now owns 80,000 shares of the company’s stock worth $5,381,000 after acquiring an additional 11,000 shares in the last quarter. BankPlus Wealth Management LLC increased its holdings in shares of First Trust Rising Dividend Achievers ETF by 35.6% in the third quarter. BankPlus Wealth Management LLC now owns 37,597 shares of the company’s stock worth $2,529,000 after acquiring an additional 9,866 shares in the last quarter. Finally, Forefront Wealth Partners LLC acquired a new stake in shares of First Trust Rising Dividend Achievers ETF during the third quarter worth about $2,859,000.

First Trust Rising Dividend Achievers ETF Price Performance

NASDAQ:RDVY opened at $71.86 on Tuesday. The business’s 50-day simple moving average is $71.42 and its 200-day simple moving average is $68.24. First Trust Rising Dividend Achievers ETF has a fifty-two week low of $50.27 and a fifty-two week high of $73.43. The stock has a market capitalization of $20.28 billion, a PE ratio of 15.46 and a beta of 1.10.

First Trust Rising Dividend Achievers ETF Increases Dividend

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

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.