Stonebridge Financial Planning Group LLC Grows Stock Holdings in First Trust Rising Dividend Achievers ETF $RDVY

Stonebridge Financial Planning Group LLC lifted its holdings in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 81.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 51,231 shares of the company’s stock after acquiring an additional 22,935 shares during the quarter. First Trust Rising Dividend Achievers ETF accounts for 1.3% of Stonebridge Financial Planning Group LLC’s holdings, making the stock its 18th biggest position. Stonebridge Financial Planning Group LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $3,446,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. First Horizon Corp acquired a new position in First Trust Rising Dividend Achievers ETF during the third quarter valued at $25,000. Cullen Frost Bankers Inc. acquired a new stake in First Trust Rising Dividend Achievers ETF during the 3rd quarter worth about $28,000. Mather Group LLC. purchased a new position in shares of First Trust Rising Dividend Achievers ETF during the 3rd quarter valued at about $31,000. Pin Oak Investment Advisors Inc. purchased a new position in shares of First Trust Rising Dividend Achievers ETF during the 3rd quarter valued at about $38,000. Finally, Collier Financial acquired a new position in shares of First Trust Rising Dividend Achievers ETF in the 3rd quarter valued at about $41,000.

First Trust Rising Dividend Achievers ETF Stock Up 0.9%

Shares of RDVY opened at $69.46 on Wednesday. First Trust Rising Dividend Achievers ETF has a 52 week low of $50.27 and a 52 week high of $73.54. The company has a market capitalization of $19.60 billion, a price-to-earnings ratio of 15.46 and a beta of 1.10. The stock’s 50-day moving average price is $71.80 and its 200-day moving average price is $69.18.

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.