First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) Short Interest Down 83.3% in September

First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) saw a large decrease in short interest during the month of September. As of September 30th, there was short interest totalling 72,100 shares, a decrease of 83.3% from the September 15th total of 430,800 shares. Based on an average trading volume of 829,900 shares, the short-interest ratio is presently 0.1 days.

RDVY opened at $48.44 on Thursday. First Trust Rising Dividend Achievers ETF has a fifty-two week low of $31.79 and a fifty-two week high of $50.05. The company’s 50-day moving average is $48.71 and its 200 day moving average is $48.13.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 30th. Shareholders of record on Friday, September 24th were paid a $0.131 dividend. The ex-dividend date was Thursday, September 23rd. This represents a $0.52 annualized dividend and a yield of 1.08%.

A number of large investors have recently bought and sold shares of RDVY. Morgan Stanley increased its stake in First Trust Rising Dividend Achievers ETF by 45.1% in the 2nd quarter. Morgan Stanley now owns 9,323,448 shares of the company’s stock valued at $447,898,000 after buying an additional 2,897,473 shares during the last quarter. LPL Financial LLC increased its stake in First Trust Rising Dividend Achievers ETF by 39.2% in the 2nd quarter. LPL Financial LLC now owns 6,595,284 shares of the company’s stock valued at $316,837,000 after buying an additional 1,857,413 shares during the last quarter. Wells Fargo & Company MN increased its stake in First Trust Rising Dividend Achievers ETF by 23.9% in the 2nd quarter. Wells Fargo & Company MN now owns 5,260,340 shares of the company’s stock valued at $252,707,000 after buying an additional 1,013,077 shares during the last quarter. Advisor Group Holdings Inc. increased its stake in First Trust Rising Dividend Achievers ETF by 85.5% in the 2nd quarter. Advisor Group Holdings Inc. now owns 1,920,153 shares of the company’s stock valued at $92,269,000 after buying an additional 884,855 shares during the last quarter. Finally, Affinity Wealth Management LLC purchased a new stake in First Trust Rising Dividend Achievers ETF in the 2nd quarter valued at about $26,916,000.

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