Integrity Alliance LLC. Acquires 14,108 Shares of First Trust Rising Dividend Achievers ETF $RDVY

Integrity Alliance LLC. raised its stake in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 26.6% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 67,117 shares of the company’s stock after buying an additional 14,108 shares during the period. Integrity Alliance LLC.’s holdings in First Trust Rising Dividend Achievers ETF were worth $5,255,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of RDVY. Bank of America Corp DE grew its holdings in shares of First Trust Rising Dividend Achievers ETF by 3.0% in the 1st quarter. Bank of America Corp DE now owns 7,444,315 shares of the company’s stock worth $508,298,000 after acquiring an additional 219,060 shares during the last quarter. Envestnet Asset Management Inc. raised its position in shares of First Trust Rising Dividend Achievers ETF by 1.6% during the second 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 during the period. Royal Bank of Canada raised its position in shares of First Trust Rising Dividend Achievers ETF by 6.5% during the first 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 period. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of 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 during the last quarter. Finally, Cetera Investment Advisers lifted its holdings in shares of First Trust Rising Dividend Achievers ETF by 8.0% during the first quarter. Cetera Investment Advisers now owns 4,044,145 shares of the company’s stock valued at $276,134,000 after purchasing an additional 299,620 shares during the last quarter.

First Trust Rising Dividend Achievers ETF Stock Down 0.1%

NASDAQ:RDVY opened at $79.74 on Wednesday. First Trust Rising Dividend Achievers ETF has a 1-year low of $64.99 and a 1-year high of $84.02. The firm has a market capitalization of $25.59 billion, a price-to-earnings ratio of 15.46 and a beta of 1.00. The stock has a fifty day simple moving average of $79.90 and a 200 day simple moving average of $76.47.

First Trust Rising Dividend Achievers ETF Increases Dividend

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