First Trust Rising Dividend Achievers ETF $RDVY Shares Acquired by US Bancorp DE

US Bancorp DE raised its position in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 4.7% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 346,323 shares of the company’s stock after buying an additional 15,531 shares during the quarter. US Bancorp DE owned 0.14% of First Trust Rising Dividend Achievers ETF worth $21,732,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Bank of New York Mellon Corp lifted its stake in First Trust Rising Dividend Achievers ETF by 440.8% during the first quarter. Bank of New York Mellon Corp now owns 27,683 shares of the company’s stock valued at $1,621,000 after buying an additional 22,564 shares in the last quarter. Assetmark Inc. lifted its stake in First Trust Rising Dividend Achievers ETF by 772.8% during the first quarter. Assetmark Inc. now owns 64,832 shares of the company’s stock valued at $3,795,000 after buying an additional 57,404 shares in the last quarter. Fifth Third Bancorp lifted its stake in First Trust Rising Dividend Achievers ETF by 652.0% during the first quarter. Fifth Third Bancorp now owns 940 shares of the company’s stock valued at $55,000 after buying an additional 815 shares in the last quarter. Arkadios Wealth Advisors lifted its stake in First Trust Rising Dividend Achievers ETF by 69.9% during the first quarter. Arkadios Wealth Advisors now owns 207,911 shares of the company’s stock valued at $12,171,000 after buying an additional 85,516 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC lifted its stake in First Trust Rising Dividend Achievers ETF by 44.9% during the first quarter. Dynamic Advisor Solutions LLC now owns 6,890 shares of the company’s stock valued at $403,000 after buying an additional 2,136 shares in the last quarter.

First Trust Rising Dividend Achievers ETF Trading Down 2.7%

RDVY stock opened at $65.02 on Friday. First Trust Rising Dividend Achievers ETF has a one year low of $50.27 and a one year high of $68.11. The firm has a market capitalization of $16.74 billion, a PE ratio of 15.46 and a beta of 1.15. The firm has a 50-day moving average of $65.89 and a two-hundred day moving average of $61.93.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were issued a $0.1487 dividend. The ex-dividend date was Thursday, September 25th. This represents a $0.59 dividend on an annualized basis and a dividend 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.