Daymark Wealth Partners LLC Has $11.91 Million Stock Position in First Trust Rising Dividend Achievers ETF $RDVY

Daymark Wealth Partners LLC boosted its holdings in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 98.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 189,775 shares of the company’s stock after buying an additional 94,240 shares during the quarter. Daymark Wealth Partners LLC owned approximately 0.08% of First Trust Rising Dividend Achievers ETF worth $11,906,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of RDVY. Compass Financial Services Inc acquired a new position in First Trust Rising Dividend Achievers ETF during the first quarter worth approximately $26,000. Farmers & Merchants Investments Inc. bought a new stake in shares of First Trust Rising Dividend Achievers ETF during the second quarter worth approximately $26,000. SVB Wealth LLC bought a new stake in shares of First Trust Rising Dividend Achievers ETF in the first quarter valued at approximately $29,000. Rise Advisors LLC bought a new stake in shares of First Trust Rising Dividend Achievers ETF in the first quarter valued at approximately $31,000. Finally, Private Wealth Asset Management LLC boosted its stake in shares of First Trust Rising Dividend Achievers ETF by 201.1% in the second quarter. Private Wealth Asset Management LLC now owns 527 shares of the company’s stock valued at $33,000 after buying an additional 352 shares during the period.

First Trust Rising Dividend Achievers ETF Price Performance

NASDAQ RDVY opened at $68.09 on Wednesday. The business has a fifty day moving average price of $66.52 and a two-hundred day moving average price of $62.93. First Trust Rising Dividend Achievers ETF has a fifty-two week low of $50.27 and a fifty-two week high of $68.43. The stock has a market capitalization of $17.70 billion, a PE ratio of 15.46 and a beta of 1.10.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, September 25th were paid a dividend of $0.1487 per share. The ex-dividend date was Thursday, September 25th. This represents a $0.59 annualized dividend and a yield of 0.9%.

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.