Signature Estate & Investment Advisors LLC Has $1.42 Million Holdings in First Trust Rising Dividend Achievers ETF $RDVY

Signature Estate & Investment Advisors LLC lifted its position in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 1.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,631 shares of the company’s stock after purchasing an additional 279 shares during the quarter. Signature Estate & Investment Advisors LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $1,420,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. LPL Financial LLC increased its holdings in First Trust Rising Dividend Achievers ETF by 11.2% in the 1st quarter. LPL Financial LLC now owns 23,686,574 shares of the company’s stock valued at $1,386,612,000 after buying an additional 2,379,430 shares during the period. Raymond James Financial Inc. boosted its position in shares of First Trust Rising Dividend Achievers ETF by 9.7% during the 1st quarter. Raymond James Financial Inc. now owns 11,002,535 shares of the company’s stock valued at $644,088,000 after acquiring an additional 971,388 shares in the last quarter. Commonwealth Equity Services LLC increased its stake in First Trust Rising Dividend Achievers ETF by 7.7% in the first quarter. Commonwealth Equity Services LLC now owns 6,074,450 shares of the company’s stock valued at $355,598,000 after acquiring an additional 434,447 shares during the period. Truist Financial Corp raised its position in First Trust Rising Dividend Achievers ETF by 44.3% in the second quarter. Truist Financial Corp now owns 1,403,926 shares of the company’s stock worth $88,082,000 after purchasing an additional 430,935 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its stake in First Trust Rising Dividend Achievers ETF by 10.8% during the first quarter. Envestnet Asset Management Inc. now owns 3,421,026 shares of the company’s stock worth $200,267,000 after purchasing an additional 334,330 shares during the period.

First Trust Rising Dividend Achievers ETF Trading Up 0.5%

NASDAQ RDVY opened at $66.11 on Monday. First Trust Rising Dividend Achievers ETF has a 1-year low of $50.27 and a 1-year high of $68.11. The company has a market capitalization of $17.09 billion, a price-to-earnings ratio of 15.46 and a beta of 1.15. The stock’s 50 day moving average is $66.14 and its two-hundred day moving average is $62.25.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, September 25th were paid a dividend of $0.1487 per share. This represents a $0.59 annualized dividend and a yield of 0.9%. The ex-dividend date was Thursday, September 25th.

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.