Continuum Advisory LLC Has $3.60 Million Stake in First Trust Rising Dividend Achievers ETF $RDVY

Continuum Advisory LLC boosted its position in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 89.2% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 44,426 shares of the company’s stock after purchasing an additional 20,948 shares during the period. Continuum Advisory LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $3,601,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. J.W. Cole Advisors Inc. lifted its stake in First Trust Rising Dividend Achievers ETF by 16.0% in the 4th quarter. J.W. Cole Advisors Inc. now owns 105,998 shares of the company’s stock worth $7,334,000 after acquiring an additional 14,615 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich purchased a new position in First Trust Rising Dividend Achievers ETF during the 4th quarter valued at about $628,000. Koshinski Asset Management Inc. increased its holdings in shares of First Trust Rising Dividend Achievers ETF by 3.1% in the 4th quarter. Koshinski Asset Management Inc. now owns 568,144 shares of the company’s stock valued at $39,469,000 after purchasing an additional 17,317 shares during the period. Ignite Planners LLC increased its holdings in shares of First Trust Rising Dividend Achievers ETF by 122.9% in the 4th quarter. Ignite Planners LLC now owns 38,362 shares of the company’s stock valued at $2,772,000 after purchasing an additional 21,155 shares during the period. Finally, Certified Advisory Corp increased its holdings in shares of First Trust Rising Dividend Achievers ETF by 10.9% in the 1st quarter. Certified Advisory Corp now owns 111,055 shares of the company’s stock valued at $7,583,000 after purchasing an additional 10,873 shares during the period.

First Trust Rising Dividend Achievers ETF Price Performance

NASDAQ RDVY opened at $81.26 on Thursday. The firm has a market capitalization of $24.92 billion, a price-to-earnings ratio of 15.46 and a beta of 1.00. The company has a 50 day simple moving average of $81.27 and a 200-day simple moving average of $76.06. First Trust Rising Dividend Achievers ETF has a 52-week low of $64.97 and a 52-week high of $84.02.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were given a $0.1474 dividend. The ex-dividend date was Thursday, June 25th. This represents a $0.59 dividend on an annualized basis and a yield of 0.7%.

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.