Triad Wealth Partners LLC Acquires New Position in First Trust Rising Dividend Achievers ETF $RDVY

Triad Wealth Partners LLC acquired a new position in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 17,705 shares of the company’s stock, valued at approximately $1,191,000.

Other institutional investors have also recently added to or reduced their stakes in the company. First Horizon Corp bought a new position in shares of First Trust Rising Dividend Achievers ETF in the 3rd quarter worth about $25,000. Farmers & Merchants Investments Inc. bought a new stake in shares of First Trust Rising Dividend Achievers ETF during the 2nd quarter valued at about $26,000. Mather Group LLC. bought a new position in First Trust Rising Dividend Achievers ETF in the third quarter worth about $31,000. Private Wealth Asset Management LLC boosted its stake in First Trust Rising Dividend Achievers ETF by 201.1% in the second quarter. Private Wealth Asset Management LLC now owns 527 shares of the company’s stock valued at $33,000 after acquiring an additional 352 shares during the period. Finally, Quaker Wealth Management LLC grew its holdings in shares of First Trust Rising Dividend Achievers ETF by 200.2% during the second quarter. Quaker Wealth Management LLC now owns 568 shares of the company’s stock valued at $36,000 after purchasing an additional 1,135 shares during the last quarter.

First Trust Rising Dividend Achievers ETF Trading Up 1.6%

Shares of First Trust Rising Dividend Achievers ETF stock opened at $72.45 on Thursday. The stock has a market capitalization of $20.25 billion, a price-to-earnings ratio of 15.46 and a beta of 1.10. First Trust Rising Dividend Achievers ETF has a twelve month low of $50.27 and a twelve month high of $73.11. The business’s 50 day simple moving average is $69.68 and its 200-day simple moving average is $67.09.

First Trust Rising Dividend Achievers ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were issued a $0.1996 dividend. This is a boost from First Trust Rising Dividend Achievers ETF’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend was Friday, December 12th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.1%.

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.