Ethos Financial Group LLC Sells 23,024 Shares of First Trust Rising Dividend Achievers ETF $RDVY

Ethos Financial Group LLC cut its stake in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 15.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 124,965 shares of the company’s stock after selling 23,024 shares during the quarter. Ethos Financial Group LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $8,405,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in RDVY. Compass Financial Services Inc acquired a new stake in First Trust Rising Dividend Achievers ETF in the first quarter valued at approximately $26,000. Farmers & Merchants Investments Inc. bought a new position in shares of First Trust Rising Dividend Achievers ETF in the 2nd quarter valued at $26,000. Mather Group LLC. acquired a new stake in shares of First Trust Rising Dividend Achievers ETF during the 3rd quarter valued at $31,000. Private Wealth Asset Management LLC boosted its holdings in shares of First Trust Rising Dividend Achievers ETF by 201.1% during the 2nd quarter. Private Wealth Asset Management LLC now owns 527 shares of the company’s stock valued at $33,000 after acquiring an additional 352 shares in the last quarter. Finally, Quaker Wealth Management LLC grew its position in First Trust Rising Dividend Achievers ETF by 200.2% during the 2nd quarter. Quaker Wealth Management LLC now owns 568 shares of the company’s stock worth $36,000 after acquiring an additional 1,135 shares during the last quarter.

First Trust Rising Dividend Achievers ETF Stock Down 1.0%

Shares of RDVY opened at $71.64 on Thursday. The stock has a market cap of $19.67 billion, a PE ratio of 15.46 and a beta of 1.10. First Trust Rising Dividend Achievers ETF has a 12-month low of $50.27 and a 12-month high of $72.45. The business has a 50-day simple moving average of $68.72 and a two-hundred day simple moving average of $66.40.

First Trust Rising Dividend Achievers ETF Increases Dividend

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

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.