Daymark Wealth Partners LLC Purchases 18,553 Shares of First Trust Rising Dividend Achievers ETF $RDVY

Daymark Wealth Partners LLC raised its position in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 9.8% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 208,328 shares of the company’s stock after purchasing an additional 18,553 shares during the quarter. Daymark Wealth Partners LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $14,012,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in RDVY. Raymond James Financial Inc. raised its stake in shares of First Trust Rising Dividend Achievers ETF by 1.8% during the second quarter. Raymond James Financial Inc. now owns 11,201,473 shares of the company’s stock valued at $702,780,000 after acquiring an additional 198,938 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in First Trust Rising Dividend Achievers ETF by 15.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 7,074,097 shares of the company’s stock valued at $442,526,000 after purchasing an additional 957,587 shares during the period. Bank of America Corp DE raised its position in First Trust Rising Dividend Achievers ETF by 4.1% during the 2nd quarter. Bank of America Corp DE now owns 6,537,057 shares of the company’s stock valued at $410,135,000 after purchasing an additional 258,172 shares during the last quarter. Envestnet Asset Management Inc. raised its position in First Trust Rising Dividend Achievers ETF by 26.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 4,328,699 shares of the company’s stock valued at $271,583,000 after purchasing an additional 907,673 shares during the last quarter. Finally, Osaic Holdings Inc. lifted its holdings in First Trust Rising Dividend Achievers ETF by 6.8% in the 2nd quarter. Osaic Holdings Inc. now owns 3,240,145 shares of the company’s stock worth $203,194,000 after buying an additional 205,514 shares during the period.

First Trust Rising Dividend Achievers ETF Stock Performance

Shares of RDVY stock opened at $70.15 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 cap of $19.18 billion, a P/E ratio of 15.46 and a beta of 1.10. The business’s 50 day moving average price is $68.50 and its 200-day moving average price is $66.21.

First Trust Rising Dividend Achievers ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were issued a $0.1996 dividend. This represents a $0.80 annualized dividend and a yield of 1.1%. This is an increase from First Trust Rising Dividend Achievers ETF’s previous quarterly dividend of $0.15. The ex-dividend date was Friday, December 12th.

About First Trust Rising Dividend Achievers ETF

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.