First Trust Rising Dividend Achievers ETF $RDVY Shares Purchased by Kingswood Wealth Advisors LLC

Kingswood Wealth Advisors LLC raised its holdings in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 18.0% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 76,600 shares of the company’s stock after buying an additional 11,710 shares during the period. Kingswood Wealth Advisors LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $5,321,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Balefire LLC boosted its position in First Trust Rising Dividend Achievers ETF by 32.1% in the 4th quarter. Balefire LLC now owns 39,521 shares of the company’s stock valued at $2,746,000 after buying an additional 9,594 shares during the period. Ashton Thomas Private Wealth LLC lifted its position in shares of First Trust Rising Dividend Achievers ETF by 27.6% during the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 34,134 shares of the company’s stock worth $2,296,000 after purchasing an additional 7,379 shares during the last quarter. Atria Investments Inc lifted its position in shares of First Trust Rising Dividend Achievers ETF by 7.1% during the 3rd quarter. Atria Investments Inc now owns 193,425 shares of the company’s stock worth $13,010,000 after purchasing an additional 12,843 shares during the last quarter. Cozad Asset Management Inc. lifted its position in shares of First Trust Rising Dividend Achievers ETF by 9.3% during the 3rd quarter. Cozad Asset Management Inc. now owns 108,125 shares of the company’s stock worth $7,272,000 after purchasing an additional 9,181 shares during the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. lifted its position in shares of First Trust Rising Dividend Achievers ETF by 15.9% during the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 80,000 shares of the company’s stock worth $5,381,000 after purchasing an additional 11,000 shares during the last quarter.

First Trust Rising Dividend Achievers ETF Stock Performance

First Trust Rising Dividend Achievers ETF stock opened at $74.52 on Wednesday. The stock has a market cap of $21.74 billion, a P/E ratio of 15.46 and a beta of 1.03. The company has a fifty day simple moving average of $70.86 and a 200-day simple moving average of $69.87. First Trust Rising Dividend Achievers ETF has a 12-month low of $54.08 and a 12-month high of $75.26.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were given a dividend of $0.1813 per share. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $0.73 annualized dividend and a yield of 1.0%.

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.