IFP Advisors Inc Lowers Stock Holdings in First Trust Rising Dividend Achievers ETF $RDVY

IFP Advisors Inc lowered its position in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 35.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 92,181 shares of the company’s stock after selling 51,349 shares during the period. IFP Advisors Inc’s holdings in First Trust Rising Dividend Achievers ETF were worth $6,200,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of RDVY. Ashton Thomas Private Wealth LLC raised its stake in shares of First Trust Rising Dividend Achievers ETF by 27.6% during the third quarter. Ashton Thomas Private Wealth LLC now owns 34,134 shares of the company’s stock worth $2,296,000 after acquiring an additional 7,379 shares in the last quarter. Atria Investments Inc boosted its stake in shares of First Trust Rising Dividend Achievers ETF by 7.1% in the 3rd quarter. Atria Investments Inc now owns 193,425 shares of the company’s stock valued at $13,010,000 after purchasing an additional 12,843 shares in the last quarter. Cozad Asset Management Inc. boosted its stake in shares of First Trust Rising Dividend Achievers ETF by 9.3% in the 3rd quarter. Cozad Asset Management Inc. now owns 108,125 shares of the company’s stock valued at $7,272,000 after purchasing an additional 9,181 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. grew its holdings in shares of First Trust Rising Dividend Achievers ETF by 15.9% during the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 80,000 shares of the company’s stock valued at $5,381,000 after purchasing an additional 11,000 shares during the last quarter. Finally, BankPlus Wealth Management LLC grew its holdings in shares of First Trust Rising Dividend Achievers ETF by 35.6% during the 3rd quarter. BankPlus Wealth Management LLC now owns 37,597 shares of the company’s stock valued at $2,529,000 after purchasing an additional 9,866 shares during the last quarter.

First Trust Rising Dividend Achievers ETF Stock Up 0.3%

Shares of NASDAQ:RDVY opened at $68.97 on Friday. The stock has a market cap of $19.46 billion, a PE ratio of 15.46 and a beta of 1.10. The company’s fifty day moving average is $71.68 and its 200 day moving average is $69.18. First Trust Rising Dividend Achievers ETF has a 52 week low of $50.27 and a 52 week high of $73.54.

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.