First Trust Rising Dividend Achievers ETF $RDVY Shares Purchased by Coppell Advisory Solutions LLC

Coppell Advisory Solutions LLC raised its position in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 156.9% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 106,077 shares of the company’s stock after acquiring an additional 64,785 shares during the quarter. First Trust Rising Dividend Achievers ETF makes up about 0.8% of Coppell Advisory Solutions LLC’s holdings, making the stock its 29th biggest holding. Coppell Advisory Solutions LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $6,621,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. WealthCare Investment Partners LLC lifted its position in shares of First Trust Rising Dividend Achievers ETF by 0.3% during the 2nd quarter. WealthCare Investment Partners LLC now owns 59,562 shares of the company’s stock worth $3,799,000 after purchasing an additional 161 shares during the last quarter. Raleigh Capital Management Inc. boosted its position in shares of First Trust Rising Dividend Achievers ETF by 34.2% during the 2nd quarter. Raleigh Capital Management Inc. now owns 648 shares of the company’s stock worth $41,000 after acquiring an additional 165 shares in the last quarter. Centerpoint Advisory Group increased its holdings in shares of First Trust Rising Dividend Achievers ETF by 0.5% in the 2nd quarter. Centerpoint Advisory Group now owns 33,586 shares of the company’s stock valued at $2,107,000 after acquiring an additional 172 shares during the last quarter. Moors & Cabot Inc. increased its holdings in shares of First Trust Rising Dividend Achievers ETF by 2.4% in the 2nd quarter. Moors & Cabot Inc. now owns 8,218 shares of the company’s stock valued at $516,000 after acquiring an additional 194 shares during the last quarter. Finally, Barrett & Company Inc. raised its position in shares of First Trust Rising Dividend Achievers ETF by 0.7% during the 2nd quarter. Barrett & Company Inc. now owns 31,120 shares of the company’s stock worth $1,952,000 after acquiring an additional 206 shares in the last quarter.

First Trust Rising Dividend Achievers ETF Stock Down 1.0%

RDVY stock opened at $69.97 on Friday. The business has a 50 day moving average price of $67.51 and a 200 day moving average price of $65.20. The stock has a market cap of $18.28 billion, a price-to-earnings ratio of 15.46 and a beta of 1.10. First Trust Rising Dividend Achievers ETF has a fifty-two week low of $50.27 and a fifty-two week high of $70.71.

First Trust Rising Dividend Achievers ETF Increases Dividend

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

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.