7,575 First Trust Rising Dividend Achievers ETF $RDVY Shares Sold by Stewardship Concepts Financial Services LLC

Stewardship Concepts Financial Services LLC lessened its position in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 6.3% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 113,607 shares of the company’s stock after selling 7,575 shares during the period. First Trust Rising Dividend Achievers ETF makes up 5.9% of Stewardship Concepts Financial Services LLC’s portfolio, making the stock its 5th biggest position. Stewardship Concepts Financial Services LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $8,894,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of RDVY. LPL Financial LLC grew its position in First Trust Rising Dividend Achievers ETF by 10.5% in the 4th quarter. LPL Financial LLC now owns 30,504,116 shares of the company’s stock worth $2,119,121,000 after purchasing an additional 2,907,770 shares during the last quarter. Arax Advisory Partners acquired a new stake in shares of First Trust Rising Dividend Achievers ETF in the fourth quarter valued at approximately $47,643,000. Elevation Point Wealth Partners LLC raised its holdings in shares of First Trust Rising Dividend Achievers ETF by 1,520.4% during the first quarter. Elevation Point Wealth Partners LLC now owns 722,842 shares of the company’s stock valued at $49,356,000 after buying an additional 678,232 shares during the last quarter. Rockefeller Capital Management L.P. raised its holdings in shares of First Trust Rising Dividend Achievers ETF by 126.1% during the fourth quarter. Rockefeller Capital Management L.P. now owns 951,998 shares of the company’s stock valued at $66,135,000 after buying an additional 530,990 shares during the last quarter. Finally, Rise Advisors LLC boosted its position in shares of First Trust Rising Dividend Achievers ETF by 5,883.8% during the fourth quarter. Rise Advisors LLC now owns 440,766 shares of the company’s stock worth $30,620,000 after buying an additional 433,400 shares during the period.

First Trust Rising Dividend Achievers ETF Trading Down 0.1%

RDVY traded down $0.10 during trading hours on Tuesday, hitting $79.46. The company’s stock had a trading volume of 1,143,389 shares, compared to its average volume of 1,289,716. The company has a 50-day simple moving average of $81.17 and a 200 day simple moving average of $77.46. The firm has a market capitalization of $25.29 billion, a PE ratio of 15.46 and a beta of 1.00. First Trust Rising Dividend Achievers ETF has a fifty-two week low of $64.97 and a fifty-two week high of $84.02.

First Trust Rising Dividend Achievers ETF Increases Dividend

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

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.