188,585 Shares in First Trust Rising Dividend Achievers ETF $RDVY Acquired by Peak Planning Group LLC

Peak Planning Group LLC purchased a new position in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 188,585 shares of the company’s stock, valued at approximately $13,101,000. First Trust Rising Dividend Achievers ETF makes up about 3.7% of Peak Planning Group LLC’s investment portfolio, making the stock its 7th largest holding.

A number of other large investors also recently added to or reduced their stakes in RDVY. Financial Perspectives Inc purchased a new position in First Trust Rising Dividend Achievers ETF in the 4th quarter worth approximately $26,000. Huntington National Bank lifted its holdings in First Trust Rising Dividend Achievers ETF by 37,000.0% in the 4th quarter. Huntington National Bank now owns 371 shares of the company’s stock worth $26,000 after purchasing an additional 370 shares in the last quarter. Trust Co. of Vermont purchased a new stake in shares of First Trust Rising Dividend Achievers ETF during the 4th quarter worth approximately $27,000. United Community Bank purchased a new stake in shares of First Trust Rising Dividend Achievers ETF during the 4th quarter worth approximately $28,000. Finally, Lloyd Advisory Services LLC. purchased a new stake in shares of First Trust Rising Dividend Achievers ETF during the 4th quarter worth approximately $36,000.

First Trust Rising Dividend Achievers ETF Price Performance

Shares of RDVY opened at $78.58 on Friday. The stock has a market capitalization of $23.08 billion, a price-to-earnings ratio of 15.46 and a beta of 1.01. First Trust Rising Dividend Achievers ETF has a 1 year low of $60.30 and a 1 year high of $78.71. The business’s 50 day simple moving average is $74.31 and its 200-day simple moving average is $71.92.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were issued a dividend of $0.1813 per share. This represents a $0.73 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend was Thursday, March 26th.

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.