Retireful LLC Acquires New Position in First Trust Rising Dividend Achievers ETF $RDVY

Retireful LLC bought a new position in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 18,277 shares of the company’s stock, valued at approximately $1,229,000.

A number of other hedge funds have also bought and sold shares of the stock. Russell Investments Group Ltd. lifted its stake in shares of First Trust Rising Dividend Achievers ETF by 11.4% during the first quarter. Russell Investments Group Ltd. now owns 4,231 shares of the company’s stock worth $248,000 after buying an additional 432 shares during the period. Trexquant Investment LP raised its stake in First Trust Rising Dividend Achievers ETF by 6.2% in the 1st quarter. Trexquant Investment LP now owns 5,307 shares of the company’s stock worth $311,000 after acquiring an additional 308 shares during the last quarter. Calton & Associates Inc. lifted its position in First Trust Rising Dividend Achievers ETF by 7.9% during the 1st quarter. Calton & Associates Inc. now owns 9,244 shares of the company’s stock worth $541,000 after acquiring an additional 674 shares during the period. Betterment LLC grew its stake in First Trust Rising Dividend Achievers ETF by 13.1% during the 1st quarter. Betterment LLC now owns 40,583 shares of the company’s stock valued at $2,376,000 after purchasing an additional 4,714 shares during the last quarter. Finally, Royal Bank of Canada grew its stake in First Trust Rising Dividend Achievers ETF by 3.5% during the 1st quarter. Royal Bank of Canada now owns 3,521,054 shares of the company’s stock valued at $206,123,000 after purchasing an additional 118,032 shares during the last quarter.

First Trust Rising Dividend Achievers ETF Stock Performance

Shares of RDVY stock opened at $70.71 on Monday. First Trust Rising Dividend Achievers ETF has a fifty-two week low of $50.27 and a fifty-two week high of $70.88. The firm has a market capitalization of $18.48 billion, a PE ratio of 15.46 and a beta of 1.10. The stock’s 50-day simple moving average is $68.23 and its 200-day simple moving average is $65.89.

First Trust Rising Dividend Achievers ETF Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th will be given a dividend of $0.1996 per share. The ex-dividend date of this dividend is Friday, December 12th. This represents a $0.80 dividend on an annualized basis and a yield of 1.1%. This is a boost from First Trust Rising Dividend Achievers ETF’s previous quarterly dividend of $0.15.

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.