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

Natixis Advisors LLC raised its stake in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 157.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 38,501 shares of the company’s stock after purchasing an additional 23,564 shares during the period. Natixis Advisors LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $2,675,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Quad Cities Investment Group LLC increased its position in First Trust Rising Dividend Achievers ETF by 0.7% during the fourth quarter. Quad Cities Investment Group LLC now owns 21,219 shares of the company’s stock worth $1,474,000 after purchasing an additional 157 shares during the last quarter. Allworth Financial LP increased its position in First Trust Rising Dividend Achievers ETF by 0.3% during the third quarter. Allworth Financial LP now owns 59,767 shares of the company’s stock worth $4,020,000 after purchasing an additional 159 shares during the last quarter. Insigneo Advisory Services LLC increased its position in First Trust Rising Dividend Achievers ETF by 0.8% during the third quarter. Insigneo Advisory Services LLC now owns 19,956 shares of the company’s stock worth $1,342,000 after purchasing an additional 163 shares during the last quarter. Acorn Wealth Advisors LLC increased its position in First Trust Rising Dividend Achievers ETF by 3.7% during the fourth quarter. Acorn Wealth Advisors LLC now owns 5,481 shares of the company’s stock worth $381,000 after purchasing an additional 197 shares during the last quarter. Finally, Tucker Asset Management LLC increased its position in First Trust Rising Dividend Achievers ETF by 5.3% during the fourth quarter. Tucker Asset Management LLC now owns 4,128 shares of the company’s stock worth $287,000 after purchasing an additional 206 shares during the last quarter.

First Trust Rising Dividend Achievers ETF Stock Performance

Shares of RDVY stock opened at $76.70 on Wednesday. First Trust Rising Dividend Achievers ETF has a one year low of $60.30 and a one year high of $77.60. The company has a 50 day moving average price of $73.75 and a 200 day moving average price of $71.71. The firm has a market capitalization of $22.53 billion, a price-to-earnings ratio of 15.46 and a beta of 1.01.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were issued a dividend of $0.1813 per share. The ex-dividend date was Thursday, March 26th. This represents a $0.73 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.