First Trust Rising Dividend Achievers ETF $RDVY Shares Sold by Atlas Private Wealth Advisors

Atlas Private Wealth Advisors trimmed its position in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 54.2% during the third quarter, Holdings Channel.com reports. The firm owned 9,298 shares of the company’s stock after selling 11,010 shares during the period. Atlas Private Wealth Advisors’ holdings in First Trust Rising Dividend Achievers ETF were worth $625,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Harel Insurance Investments & Financial Services Ltd. boosted its holdings in shares of First Trust Rising Dividend Achievers ETF by 15.9% in the third quarter. Harel Insurance Investments & Financial Services Ltd. now owns 80,000 shares of the company’s stock valued at $5,381,000 after acquiring an additional 11,000 shares during the period. BankPlus Wealth Management LLC raised its position in First Trust Rising Dividend Achievers ETF by 35.6% during the 3rd quarter. BankPlus Wealth Management LLC now owns 37,597 shares of the company’s stock worth $2,529,000 after buying an additional 9,866 shares during the last quarter. Forefront Wealth Partners LLC purchased a new position in First Trust Rising Dividend Achievers ETF during the third quarter worth about $2,859,000. Total Clarity Wealth Management Inc. raised its stake in shares of First Trust Rising Dividend Achievers ETF by 6.0% during the 2nd quarter. Total Clarity Wealth Management Inc. now owns 102,900 shares of the company’s stock worth $6,456,000 after buying an additional 5,787 shares in the last quarter. Finally, DHJJ Financial Advisors Ltd. raised its position in First Trust Rising Dividend Achievers ETF by 185.4% in the third quarter. DHJJ Financial Advisors Ltd. now owns 48,353 shares of the company’s stock worth $3,252,000 after acquiring an additional 31,411 shares in the last quarter.

First Trust Rising Dividend Achievers ETF Stock Down 1.3%

Shares of NASDAQ RDVY opened at $72.27 on Friday. First Trust Rising Dividend Achievers ETF has a 52 week low of $50.27 and a 52 week high of $73.43. The stock has a market capitalization of $20.33 billion, a price-to-earnings ratio of 15.46 and a beta of 1.10. The firm has a 50-day moving average price of $70.57 and a 200 day moving average price of $67.50.

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 dividend of $0.1996 per share. This is a boost from First Trust Rising Dividend Achievers ETF’s previous quarterly dividend of $0.15. This represents a $0.80 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Friday, December 12th.

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.