First Trust Rising Dividend Achievers ETF $RDVY Shares Acquired by Crumly & Associates Inc.

Crumly & Associates Inc. raised its holdings in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 7.3% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 346,312 shares of the company’s stock after acquiring an additional 23,535 shares during the period. First Trust Rising Dividend Achievers ETF makes up 4.8% of Crumly & Associates Inc.’s holdings, making the stock its 4th largest position. Crumly & Associates Inc. owned 0.11% of First Trust Rising Dividend Achievers ETF worth $27,113,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Bank of America Corp DE raised its holdings in First Trust Rising Dividend Achievers ETF by 3.0% during the first quarter. Bank of America Corp DE now owns 7,444,315 shares of the company’s stock worth $508,298,000 after acquiring an additional 219,060 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in First Trust Rising Dividend Achievers ETF by 1.6% in the second quarter. Envestnet Asset Management Inc. now owns 5,503,234 shares of the company’s stock valued at $446,092,000 after acquiring an additional 86,684 shares during the last quarter. Royal Bank of Canada lifted its stake in First Trust Rising Dividend Achievers ETF by 6.5% in the 1st quarter. Royal Bank of Canada now owns 5,030,578 shares of the company’s stock valued at $343,487,000 after purchasing an additional 307,823 shares during the last quarter. Cetera Investment Advisers increased its stake in shares of First Trust Rising Dividend Achievers ETF by 8.0% in the first quarter. Cetera Investment Advisers now owns 4,044,145 shares of the company’s stock valued at $276,134,000 after buying an additional 299,620 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its position in shares of First Trust Rising Dividend Achievers ETF by 12.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,492,637 shares of the company’s stock valued at $283,113,000 after buying an additional 379,961 shares during the last quarter.

First Trust Rising Dividend Achievers ETF Trading Down 0.7%

RDVY stock traded down $0.55 during mid-day trading on Wednesday, reaching $78.91. The company’s stock had a trading volume of 596,409 shares, compared to its average volume of 1,285,772. First Trust Rising Dividend Achievers ETF has a 12 month low of $64.97 and a 12 month high of $84.02. The business’s 50 day moving average price is $81.14 and its 200 day moving average price is $77.54. The company has a market cap of $25.12 billion, a price-to-earnings ratio of 15.46 and a beta of 1.00.

First Trust Rising Dividend Achievers ETF Increases Dividend

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

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.