Sigma Planning Corp Has $15.87 Million Stock Holdings in First Trust Rising Dividend Achievers ETF $RDVY

Sigma Planning Corp lifted its position in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 32.7% during the 3rd quarter, Holdings Channel reports. The firm owned 236,005 shares of the company’s stock after buying an additional 58,171 shares during the quarter. Sigma Planning Corp’s holdings in First Trust Rising Dividend Achievers ETF were worth $15,874,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. AQR Capital Management LLC grew its stake in First Trust Rising Dividend Achievers ETF by 70.2% during the first quarter. AQR Capital Management LLC now owns 31,071 shares of the company’s stock worth $1,819,000 after buying an additional 12,820 shares during the last quarter. Freedom Investment Management Inc. acquired a new position in shares of First Trust Rising Dividend Achievers ETF in the 2nd quarter worth approximately $244,000. First Citizens Bank & Trust Co. acquired a new position in shares of First Trust Rising Dividend Achievers ETF in the 2nd quarter worth approximately $634,000. Focus Partners Advisor Solutions LLC grew its position in First Trust Rising Dividend Achievers ETF by 10.2% during the 2nd quarter. Focus Partners Advisor Solutions LLC now owns 12,276 shares of the company’s stock worth $770,000 after acquiring an additional 1,134 shares during the last quarter. Finally, Topsail Wealth Management LLC increased its holdings in First Trust Rising Dividend Achievers ETF by 28.1% during the 2nd quarter. Topsail Wealth Management LLC now owns 21,777 shares of the company’s stock valued at $1,366,000 after purchasing an additional 4,772 shares in the last quarter.

First Trust Rising Dividend Achievers ETF Stock Performance

Shares of RDVY opened at $73.12 on Friday. The company has a market cap of $20.63 billion, a price-to-earnings ratio of 15.46 and a beta of 1.10. The stock has a fifty day moving average price of $71.64 and a two-hundred day moving average price of $68.46. First Trust Rising Dividend Achievers ETF has a 52-week low of $50.27 and a 52-week high of $73.43.

First Trust Rising Dividend Achievers ETF Increases Dividend

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

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.