First Trust Rising Dividend Achievers ETF $RDVY Shares Bought by RFG Bristol Wealth Advisors LLC

RFG Bristol Wealth Advisors LLC lifted its holdings in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 9.6% in the third quarter, according to its most recent filing with the SEC. The firm owned 89,171 shares of the company’s stock after acquiring an additional 7,783 shares during the period. First Trust Rising Dividend Achievers ETF makes up about 1.7% of RFG Bristol Wealth Advisors LLC’s investment portfolio, making the stock its 16th biggest position. RFG Bristol Wealth Advisors LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $6,981,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Arax Advisory Partners bought a new stake in First Trust Rising Dividend Achievers ETF in the fourth quarter valued at about $47,643,000. Elevation Point Wealth Partners LLC lifted its stake in First Trust Rising Dividend Achievers ETF by 1,520.4% during the first quarter. Elevation Point Wealth Partners LLC now owns 722,842 shares of the company’s stock worth $49,356,000 after purchasing an additional 678,232 shares during the period. Rockefeller Capital Management L.P. boosted its holdings in First Trust Rising Dividend Achievers ETF by 126.1% during the fourth quarter. Rockefeller Capital Management L.P. now owns 951,998 shares of the company’s stock valued at $66,135,000 after purchasing an additional 530,990 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in First Trust Rising Dividend Achievers ETF by 12.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,492,637 shares of the company’s stock valued at $283,113,000 after purchasing an additional 379,961 shares in the last quarter. Finally, Royal Bank of Canada grew its stake in shares of 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 period.

First Trust Rising Dividend Achievers ETF Price Performance

Shares of RDVY traded up $0.15 during mid-day trading on Friday, reaching $79.58. The company had a trading volume of 1,006,881 shares, compared to its average volume of 1,288,120. First Trust Rising Dividend Achievers ETF has a twelve month low of $64.97 and a twelve month high of $84.02. The company’s 50-day moving average is $81.09 and its 200-day moving average is $77.69. The company has a market capitalization of $25.41 billion, a P/E ratio of 15.46 and a beta of 1.00.

First Trust Rising Dividend Achievers ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were given a $0.1521 dividend. This represents a $0.61 dividend on an annualized basis 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 was Thursday, September 24th.

First Trust Rising Dividend Achievers ETF Company 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.