Concurrent Investment Advisors LLC Buys 8,592 Shares of First Trust Rising Dividend Achievers ETF $RDVY

Concurrent Investment Advisors LLC raised its stake in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 2.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 346,073 shares of the company’s stock after acquiring an additional 8,592 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $28,053,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Huntington National Bank raised its holdings in shares of First Trust Rising Dividend Achievers ETF by 37,000.0% in the 4th quarter. Huntington National Bank now owns 371 shares of the company’s stock worth $26,000 after purchasing an additional 370 shares during the period. Bessemer Group Inc. bought a new position in First Trust Rising Dividend Achievers ETF during the first quarter valued at $29,000. Anchor Investment Management LLC purchased a new stake in First Trust Rising Dividend Achievers ETF in the first quarter worth $34,000. Lloyd Advisory Services LLC. purchased a new stake in First Trust Rising Dividend Achievers ETF in the fourth quarter worth $36,000. Finally, University of Texas Texas AM Investment Management Co. bought a new stake in shares of First Trust Rising Dividend Achievers ETF in the fourth quarter valued at $37,000.

First Trust Rising Dividend Achievers ETF Price Performance

Shares of NASDAQ RDVY opened at $82.11 on Friday. First Trust Rising Dividend Achievers ETF has a one year low of $64.97 and a one year high of $84.02. The business’s fifty day moving average price is $81.32 and its 200-day moving average price is $76.13. The stock has a market capitalization of $25.18 billion, a PE ratio of 15.46 and a beta of 1.00.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were paid a $0.1474 dividend. This represents a $0.59 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Thursday, June 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.