9,164 First Trust Rising Dividend Achievers ETF $RDVY Shares Acquired by Iams Wealth Management LLC

Iams Wealth Management LLC boosted its holdings in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 10.5% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 96,649 shares of the company’s stock after buying an additional 9,164 shares during the period. First Trust Rising Dividend Achievers ETF makes up about 2.2% of Iams Wealth Management LLC’s investment portfolio, making the stock its 8th biggest position. Iams Wealth Management LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $7,567,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. Bank of America Corp DE grew its holdings in First Trust Rising Dividend Achievers ETF by 3.0% during the 1st quarter. Bank of America Corp DE now owns 7,444,315 shares of the company’s stock worth $508,298,000 after acquiring an additional 219,060 shares during the period. Envestnet Asset Management Inc. raised its position in shares of First Trust Rising Dividend Achievers ETF by 1.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 5,503,234 shares of the company’s stock valued at $446,092,000 after acquiring an additional 86,684 shares during the last quarter. Royal Bank of Canada raised its position in shares of First Trust Rising Dividend Achievers ETF by 6.5% during the 1st quarter. Royal Bank of Canada now owns 5,030,578 shares of the company’s stock valued at $343,487,000 after acquiring an additional 307,823 shares during the last quarter. Cetera Investment Advisers lifted its stake in shares of First Trust Rising Dividend Achievers ETF by 8.0% in the 1st quarter. Cetera Investment Advisers now owns 4,044,145 shares of the company’s stock valued at $276,134,000 after purchasing an additional 299,620 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in shares of First Trust Rising Dividend Achievers ETF by 12.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,492,637 shares of the company’s stock valued at $283,113,000 after purchasing an additional 379,961 shares during the period.

First Trust Rising Dividend Achievers ETF Stock Up 1.0%

RDVY stock opened at $79.73 on Friday. First Trust Rising Dividend Achievers ETF has a twelve month low of $64.99 and a twelve month high of $84.02. The company has a market cap of $25.53 billion, a P/E ratio of 15.46 and a beta of 1.00. The business’s fifty day moving average is $80.79 and its 200-day moving average is $78.08.

First Trust Rising Dividend Achievers ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were issued a $0.1521 dividend. This is a boost from First Trust Rising Dividend Achievers ETF’s previous quarterly dividend of $0.1474. This represents a $0.61 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Thursday, September 24th.

About First Trust Rising Dividend Achievers ETF

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.