Wealthcare Advisory Partners LLC Grows Stock Holdings in First Trust Rising Dividend Achievers ETF $RDVY

Wealthcare Advisory Partners LLC grew its stake in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 6.7% during the 2nd quarter, HoldingsChannel reports. The fund owned 119,823 shares of the company’s stock after buying an additional 7,560 shares during the period. Wealthcare Advisory Partners LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $7,518,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Farmers & Merchants Investments Inc. purchased a new stake in First Trust Rising Dividend Achievers ETF during the 2nd quarter worth about $26,000. Compass Financial Services Inc bought a new position in shares of First Trust Rising Dividend Achievers ETF in the first quarter valued at approximately $26,000. SVB Wealth LLC purchased a new position in First Trust Rising Dividend Achievers ETF during the first quarter valued at approximately $29,000. Rise Advisors LLC purchased a new position in First Trust Rising Dividend Achievers ETF during the first quarter valued at approximately $31,000. Finally, Raleigh Capital Management Inc. lifted its stake in First Trust Rising Dividend Achievers ETF by 34.2% in the 2nd quarter. Raleigh Capital Management Inc. now owns 648 shares of the company’s stock worth $41,000 after purchasing an additional 165 shares in the last quarter.

First Trust Rising Dividend Achievers ETF Price Performance

Shares of NASDAQ:RDVY opened at $67.67 on Friday. The firm has a fifty day moving average price of $65.56 and a two-hundred day moving average price of $61.68. The company has a market cap of $17.35 billion, a price-to-earnings ratio of 15.46 and a beta of 1.15. First Trust Rising Dividend Achievers ETF has a one year low of $50.27 and a one year high of $68.06.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, September 25th were paid a $0.1487 dividend. This represents a $0.59 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Thursday, September 25th.

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.