First Trust Rising Dividend Achievers ETF $RDVY Shares Acquired by PFG Advisors

PFG Advisors boosted its holdings in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVYFree Report) by 4.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 207,596 shares of the company’s stock after acquiring an additional 7,929 shares during the quarter. PFG Advisors owned 0.08% of First Trust Rising Dividend Achievers ETF worth $13,963,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in RDVY. First Horizon Corp acquired a new position in First Trust Rising Dividend Achievers ETF during the 3rd quarter worth $25,000. Cullen Frost Bankers Inc. bought a new position in shares of First Trust Rising Dividend Achievers ETF in the third quarter worth $28,000. Mather Group LLC. acquired a new position in shares of First Trust Rising Dividend Achievers ETF during the third quarter valued at $31,000. Collier Financial acquired a new position in shares of First Trust Rising Dividend Achievers ETF during the third quarter valued at $41,000. Finally, Center for Financial Planning Inc. bought a new stake in shares of First Trust Rising Dividend Achievers ETF during the third quarter valued at about $42,000.

First Trust Rising Dividend Achievers ETF Stock Down 2.1%

RDVY stock opened at $69.55 on Monday. The company has a market capitalization of $19.62 billion, a P/E ratio of 15.46 and a beta of 1.10. The company has a 50-day simple moving average of $71.97 and a 200 day simple moving average of $69.00. First Trust Rising Dividend Achievers ETF has a fifty-two week low of $50.27 and a fifty-two week high of $73.54.

First Trust Rising Dividend Achievers ETF Increases Dividend

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

First Trust Rising Dividend Achievers ETF Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY)

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