27,356 First Trust Rising Dividend Achievers ETF $RDVY Shares Purchased by MGO One Seven LLC

MGO One Seven LLC lifted its stake in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 21.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 153,608 shares of the company’s stock after buying an additional 27,356 shares during the period. MGO One Seven LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $12,026,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Global View Capital Management LLC grew its holdings in shares of First Trust Rising Dividend Achievers ETF by 7.0% during the third quarter. Global View Capital Management LLC now owns 5,354 shares of the company’s stock worth $419,000 after buying an additional 352 shares during the last quarter. Partners Wealth Management LLC acquired a new position in First Trust Rising Dividend Achievers ETF during the third quarter worth about $310,000. Founders Financial Securities LLC increased its position in shares of First Trust Rising Dividend Achievers ETF by 3.8% in the third quarter. Founders Financial Securities LLC now owns 75,265 shares of the company’s stock valued at $5,893,000 after buying an additional 2,721 shares in the last quarter. Blueprint Investment Partners LLC grew its position in shares of First Trust Rising Dividend Achievers ETF by 14.5% in the third quarter. Blueprint Investment Partners LLC now owns 18,930 shares of the company’s stock valued at $1,482,000 after purchasing an additional 2,391 shares during the last quarter. Finally, Blueprint Financial Advisors LLC increased its position in First Trust Rising Dividend Achievers ETF by 4.3% during the third quarter. Blueprint Financial Advisors LLC now owns 17,244 shares of the company’s stock worth $1,350,000 after buying an additional 705 shares in the last quarter.

First Trust Rising Dividend Achievers ETF Price Performance

First Trust Rising Dividend Achievers ETF stock opened at $79.17 on Friday. The stock has a market capitalization of $25.37 billion, a P/E ratio of 15.46 and a beta of 1.00. First Trust Rising Dividend Achievers ETF has a 12-month low of $64.99 and a 12-month high of $84.02. The firm’s 50-day moving average is $80.00 and its two-hundred day moving average is $76.40.

First Trust Rising Dividend Achievers ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were given a dividend of $0.1521 per share. This represents a $0.61 dividend on an annualized basis and a yield of 0.8%. This is an increase from First Trust Rising Dividend Achievers ETF’s previous quarterly dividend of $0.1474. The ex-dividend date was Thursday, September 24th.

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.