Atlantic Union Bankshares Corp Raises Stock Position in First Trust Rising Dividend Achievers ETF $RDVY

Atlantic Union Bankshares Corp increased its stake in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 19.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 172,569 shares of the company’s stock after purchasing an additional 28,517 shares during the quarter. Atlantic Union Bankshares Corp’s holdings in First Trust Rising Dividend Achievers ETF were worth $11,988,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Balefire LLC increased its holdings in First Trust Rising Dividend Achievers ETF by 32.1% in the 4th quarter. Balefire LLC now owns 39,521 shares of the company’s stock valued at $2,746,000 after acquiring an additional 9,594 shares during the last quarter. Ashton Thomas Private Wealth LLC increased its holdings in First Trust Rising Dividend Achievers ETF by 27.6% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 34,134 shares of the company’s stock valued at $2,296,000 after acquiring an additional 7,379 shares during the last quarter. Atria Investments Inc increased its holdings in 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 acquiring an additional 12,843 shares during the last quarter. Cozad Asset Management Inc. increased its holdings in 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 acquiring an additional 9,181 shares during the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. increased its holdings in First Trust Rising Dividend Achievers ETF by 15.9% in 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 acquiring an additional 11,000 shares during the last quarter.

First Trust Rising Dividend Achievers ETF Stock Performance

Shares of NASDAQ RDVY opened at $74.07 on Wednesday. The company has a market cap of $21.76 billion, a P/E ratio of 15.46 and a beta of 1.02. The firm’s fifty day moving average is $71.44 and its two-hundred day moving average is $70.60. First Trust Rising Dividend Achievers ETF has a 52-week low of $59.01 and a 52-week high of $75.75.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were issued a $0.1813 dividend. This represents a $0.73 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date was Thursday, March 26th.

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.