Triad Wealth Partners LLC Has $2.99 Million Stake in First Trust Rising Dividend Achievers ETF $RDVY

Triad Wealth Partners LLC grew its holdings in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 56.3% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 43,821 shares of the company’s stock after acquiring an additional 15,792 shares during the quarter. Triad Wealth Partners LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $2,992,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the business. Huntington National Bank grew its position in shares of 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 valued at $26,000 after purchasing an additional 370 shares during the period. Financial Perspectives Inc acquired a new stake in First Trust Rising Dividend Achievers ETF during the 4th quarter worth approximately $26,000. Trust Co. of Vermont acquired a new stake in First Trust Rising Dividend Achievers ETF during the 4th quarter worth approximately $27,000. United Community Bank bought a new position in First Trust Rising Dividend Achievers ETF in the fourth quarter valued at approximately $28,000. Finally, Lloyd Advisory Services LLC. bought a new position in First Trust Rising Dividend Achievers ETF in the fourth quarter valued at approximately $36,000.

First Trust Rising Dividend Achievers ETF Price Performance

First Trust Rising Dividend Achievers ETF stock opened at $79.15 on Friday. The company has a 50 day moving average of $75.24 and a 200-day moving average of $72.31. First Trust Rising Dividend Achievers ETF has a twelve month low of $60.30 and a twelve month high of $80.05. The stock has a market capitalization of $23.25 billion, a PE ratio of 15.46 and a beta of 1.01.

First Trust Rising Dividend Achievers ETF Cuts Dividend

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

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.