First Trust Rising Dividend Achievers ETF $RDVY Stock Holdings Boosted by Vise Technologies Inc.

Vise Technologies Inc. lifted its position in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 70.4% in the 4th quarter, Holdings Channel reports. The fund owned 163,222 shares of the company’s stock after buying an additional 67,446 shares during the period. Vise Technologies Inc.’s holdings in First Trust Rising Dividend Achievers ETF were worth $11,339,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in the business. Raymond James Financial Inc. raised its stake in First Trust Rising Dividend Achievers ETF by 1.8% during the 2nd quarter. Raymond James Financial Inc. now owns 11,201,473 shares of the company’s stock valued at $702,780,000 after acquiring an additional 198,938 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in shares of First Trust Rising Dividend Achievers ETF by 10.1% during the third quarter. Ameriprise Financial Inc. now owns 7,790,897 shares of the company’s stock valued at $523,914,000 after purchasing an additional 716,800 shares during the period. Bank of America Corp DE grew its holdings in First Trust Rising Dividend Achievers ETF by 7.0% during the third quarter. Bank of America Corp DE now owns 6,992,315 shares of the company’s stock worth $470,303,000 after acquiring an additional 455,258 shares during the period. UBS Group AG grew its holdings in First Trust Rising Dividend Achievers ETF by 4.4% during the fourth quarter. UBS Group AG now owns 5,994,505 shares of the company’s stock worth $416,438,000 after acquiring an additional 254,241 shares during the period. Finally, Envestnet Asset Management Inc. grew its holdings in First Trust Rising Dividend Achievers ETF by 13.3% during the third quarter. Envestnet Asset Management Inc. now owns 4,906,017 shares of the company’s stock worth $329,979,000 after acquiring an additional 577,318 shares during the period.

First Trust Rising Dividend Achievers ETF Stock Up 1.1%

NASDAQ:RDVY opened at $76.95 on Friday. The business’s 50-day moving average price is $73.25 and its 200 day moving average price is $71.50. The firm has a market cap of $22.60 billion, a P/E ratio of 15.46 and a beta of 1.01. First Trust Rising Dividend Achievers ETF has a 52-week low of $60.30 and a 52-week high of $77.12.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were paid a $0.1813 dividend. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $0.73 dividend on an annualized basis and a yield of 0.9%.

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.