Juno Financial Group LLC Takes Position in First Trust Rising Dividend Achievers ETF $RDVY

Juno Financial Group LLC purchased a new stake in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 231,421 shares of the company’s stock, valued at approximately $16,077,000. First Trust Rising Dividend Achievers ETF comprises approximately 6.4% of Juno Financial Group LLC’s holdings, making the stock its 6th largest holding.

Other hedge funds also recently made changes to their positions in the company. Balefire LLC raised its holdings in shares of First Trust Rising Dividend Achievers ETF by 32.1% during the fourth quarter. Balefire LLC now owns 39,521 shares of the company’s stock valued at $2,746,000 after buying an additional 9,594 shares during the last quarter. Ashton Thomas Private Wealth LLC raised its holdings in shares of First Trust Rising Dividend Achievers ETF by 27.6% during the third quarter. Ashton Thomas Private Wealth LLC now owns 34,134 shares of the company’s stock valued at $2,296,000 after buying an additional 7,379 shares during the last quarter. Atria Investments Inc raised its holdings in shares of First Trust Rising Dividend Achievers ETF by 7.1% during the third quarter. Atria Investments Inc now owns 193,425 shares of the company’s stock valued at $13,010,000 after buying an additional 12,843 shares during the last quarter. Cozad Asset Management Inc. raised its holdings in shares of First Trust Rising Dividend Achievers ETF by 9.3% during the third quarter. Cozad Asset Management Inc. now owns 108,125 shares of the company’s stock valued at $7,272,000 after buying an additional 9,181 shares during the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. increased its stake in First Trust Rising Dividend Achievers ETF by 15.9% during the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 80,000 shares of the company’s stock valued at $5,381,000 after buying an additional 11,000 shares during the period.

First Trust Rising Dividend Achievers ETF Trading Up 0.4%

First Trust Rising Dividend Achievers ETF stock opened at $74.79 on Thursday. The stock has a market cap of $21.88 billion, a price-to-earnings ratio of 15.46 and a beta of 1.03. The company’s 50-day moving average price is $70.90 and its two-hundred day moving average price is $69.91. First Trust Rising Dividend Achievers ETF has a 52 week low of $55.55 and a 52 week high of $75.26.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were paid a dividend of $0.1813 per share. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $0.73 annualized dividend and a yield of 1.0%.

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.