CW Advisors LLC Buys Shares of 196,566 First Trust Rising Dividend Achievers ETF $RDVY

CW Advisors LLC acquired a new stake in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 196,566 shares of the company’s stock, valued at approximately $12,333,000. CW Advisors LLC owned about 0.08% of First Trust Rising Dividend Achievers ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. Cary Street Partners Financial LLC increased its stake in First Trust Rising Dividend Achievers ETF by 3.1% in the first quarter. Cary Street Partners Financial LLC now owns 27,793 shares of the company’s stock valued at $1,627,000 after purchasing an additional 845 shares in the last quarter. Citizens Financial Group Inc. RI lifted its stake in First Trust Rising Dividend Achievers ETF by 46.3% in the 1st quarter. Citizens Financial Group Inc. RI now owns 9,754 shares of the company’s stock valued at $571,000 after acquiring an additional 3,088 shares in the last quarter. Citigroup Inc. lifted its position in shares of First Trust Rising Dividend Achievers ETF by 11.4% in the first quarter. Citigroup Inc. now owns 333,431 shares of the company’s stock worth $19,519,000 after purchasing an additional 34,045 shares in the last quarter. Savvy Advisors Inc. lifted its position in First Trust Rising Dividend Achievers ETF by 24.7% during the 1st quarter. Savvy Advisors Inc. now owns 17,308 shares of the company’s stock worth $1,013,000 after buying an additional 3,423 shares in the last quarter. Finally, Integrity Financial Corp WA boosted its position in First Trust Rising Dividend Achievers ETF by 1.0% during the first quarter. Integrity Financial Corp WA now owns 120,468 shares of the company’s stock valued at $7,052,000 after purchasing an additional 1,222 shares during the last quarter.

First Trust Rising Dividend Achievers ETF Trading Up 0.9%

NASDAQ RDVY opened at $69.05 on Thursday. The company has a market cap of $18.04 billion, a PE ratio of 15.46 and a beta of 1.10. The stock has a 50 day moving average of $67.18 and a 200-day moving average of $64.75. First Trust Rising Dividend Achievers ETF has a 12 month low of $50.27 and a 12 month high of $69.11.

First Trust Rising Dividend Achievers ETF Cuts Dividend

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

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.