First Trust Rising Dividend Achievers ETF $RDVY Holdings Reduced by Bellevue Asset Management LLC

Bellevue Asset Management LLC trimmed its position in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 0.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 158,273 shares of the company’s stock after selling 264 shares during the period. First Trust Rising Dividend Achievers ETF makes up approximately 4.8% of Bellevue Asset Management LLC’s holdings, making the stock its 4th biggest holding. Bellevue Asset Management LLC owned approximately 0.07% of First Trust Rising Dividend Achievers ETF worth $9,930,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of RDVY. Miracle Mile Advisors LLC purchased a new stake in shares of First Trust Rising Dividend Achievers ETF during the 1st quarter worth approximately $620,000. Park Avenue Securities LLC raised its holdings in shares of First Trust Rising Dividend Achievers ETF by 120.2% during the 1st quarter. Park Avenue Securities LLC now owns 26,047 shares of the company’s stock worth $1,525,000 after acquiring an additional 14,220 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in shares of First Trust Rising Dividend Achievers ETF by 289.5% during the 1st quarter. Farther Finance Advisors LLC now owns 56,547 shares of the company’s stock worth $3,324,000 after acquiring an additional 42,029 shares in the last quarter. Wealthcare Advisory Partners LLC raised its holdings in shares of First Trust Rising Dividend Achievers ETF by 28.4% during the 1st quarter. Wealthcare Advisory Partners LLC now owns 112,263 shares of the company’s stock worth $6,572,000 after acquiring an additional 24,856 shares in the last quarter. Finally, Simplicity Wealth LLC raised its holdings in shares of First Trust Rising Dividend Achievers ETF by 308.2% during the 1st quarter. Simplicity Wealth LLC now owns 19,172 shares of the company’s stock worth $1,122,000 after acquiring an additional 14,475 shares in the last quarter.

First Trust Rising Dividend Achievers ETF Stock Performance

NASDAQ RDVY opened at $67.22 on Wednesday. The company has a market cap of $17.25 billion, a P/E ratio of 15.46 and a beta of 1.15. The business’s 50 day moving average price is $65.70 and its 200-day moving average price is $61.81. First Trust Rising Dividend Achievers ETF has a fifty-two week low of $50.27 and a fifty-two week high of $68.11.

First Trust Rising Dividend Achievers ETF Cuts Dividend

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

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.