Beacon Pointe Advisors LLC Boosts Stock Position in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY)

Beacon Pointe Advisors LLC lifted its position in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVYGet Rating) by 14.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 40,572 shares of the company’s stock after purchasing an additional 4,967 shares during the period. Beacon Pointe Advisors LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $1,659,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of RDVY. Bank of America Corp DE lifted its holdings in First Trust Rising Dividend Achievers ETF by 16.2% in the first quarter. Bank of America Corp DE now owns 5,999,897 shares of the company’s stock worth $293,995,000 after buying an additional 836,104 shares during the period. Golden State Wealth Management LLC increased its stake in shares of First Trust Rising Dividend Achievers ETF by 61.1% during the first quarter. Golden State Wealth Management LLC now owns 34,560 shares of the company’s stock valued at $1,693,000 after purchasing an additional 13,114 shares in the last quarter. Capital Square LLC increased its stake in shares of First Trust Rising Dividend Achievers ETF by 12.1% during the second quarter. Capital Square LLC now owns 5,907 shares of the company’s stock valued at $241,000 after purchasing an additional 636 shares in the last quarter. Arete Wealth Advisors LLC increased its stake in shares of First Trust Rising Dividend Achievers ETF by 44.0% during the first quarter. Arete Wealth Advisors LLC now owns 5,919 shares of the company’s stock valued at $290,000 after purchasing an additional 1,810 shares in the last quarter. Finally, Onyx Bridge Wealth Group LLC increased its stake in shares of First Trust Rising Dividend Achievers ETF by 32.0% during the first quarter. Onyx Bridge Wealth Group LLC now owns 19,030 shares of the company’s stock valued at $875,000 after purchasing an additional 4,616 shares in the last quarter.

First Trust Rising Dividend Achievers ETF Stock Up 0.5 %

Shares of NASDAQ RDVY opened at $46.46 on Thursday. First Trust Rising Dividend Achievers ETF has a fifty-two week low of $38.34 and a fifty-two week high of $53.21. The company has a 50 day simple moving average of $42.34 and a two-hundred day simple moving average of $43.21.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 30th. Investors of record on Monday, September 26th were issued a $0.218 dividend. This represents a $0.87 annualized dividend and a yield of 1.88%. The ex-dividend date of this dividend was Friday, September 23rd.

Further Reading

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Institutional Ownership by Quarter for First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY)

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