First Trust Rising Dividend Achievers ETF $RDVY Stock Purchased by RVW Wealth LLC

RVW Wealth LLC boosted its position in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 1.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 596,440 shares of the company’s stock after purchasing an additional 9,534 shares during the quarter. First Trust Rising Dividend Achievers ETF makes up 3.0% of RVW Wealth LLC’s portfolio, making the stock its 9th biggest holding. RVW Wealth LLC owned 0.19% of First Trust Rising Dividend Achievers ETF worth $46,695,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. LPL Financial LLC grew its stake in First Trust Rising Dividend Achievers ETF by 10.5% in the 4th quarter. LPL Financial LLC now owns 30,504,116 shares of the company’s stock valued at $2,119,121,000 after acquiring an additional 2,907,770 shares during the last quarter. Bank of America Corp DE lifted its holdings in shares of First Trust Rising Dividend Achievers ETF by 3.0% in the first quarter. Bank of America Corp DE now owns 7,444,315 shares of the company’s stock valued at $508,298,000 after purchasing an additional 219,060 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in shares of First Trust Rising Dividend Achievers ETF by 1.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 5,503,234 shares of the company’s stock worth $446,092,000 after purchasing an additional 86,684 shares in the last quarter. Royal Bank of Canada raised its position in shares of First Trust Rising Dividend Achievers ETF by 6.5% during the 1st quarter. Royal Bank of Canada now owns 5,030,578 shares of the company’s stock worth $343,487,000 after purchasing an additional 307,823 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in 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 in the last quarter.

First Trust Rising Dividend Achievers ETF Trading Down 0.1%

Shares of NASDAQ RDVY traded down $0.10 during trading on Tuesday, reaching $79.46. The company had a trading volume of 1,143,389 shares, compared to its average volume of 1,289,716. First Trust Rising Dividend Achievers ETF has a twelve month low of $64.97 and a twelve month high of $84.02. The stock has a market capitalization of $25.29 billion, a PE ratio of 15.46 and a beta of 1.00. The stock has a 50-day moving average price of $81.17 and a two-hundred day moving average price of $77.46.

First Trust Rising Dividend Achievers ETF Increases Dividend

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

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.