First Trust Rising Dividend Achievers ETF $RDVY Holdings Boosted by Harel Insurance Investments & Financial Services Ltd.

Harel Insurance Investments & Financial Services Ltd. raised its stake in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 15.9% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 80,000 shares of the company’s stock after acquiring an additional 11,000 shares during the period. Harel Insurance Investments & Financial Services Ltd.’s holdings in First Trust Rising Dividend Achievers ETF were worth $5,381,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. First Horizon Corp bought a new stake in shares of First Trust Rising Dividend Achievers ETF in the 3rd quarter worth approximately $25,000. Farmers & Merchants Investments Inc. bought a new position in First Trust Rising Dividend Achievers ETF during the 2nd quarter worth $26,000. Mather Group LLC. bought a new position in First Trust Rising Dividend Achievers ETF during the 3rd quarter worth $31,000. Private Wealth Asset Management LLC increased its position in First Trust Rising Dividend Achievers ETF by 201.1% in the second quarter. Private Wealth Asset Management LLC now owns 527 shares of the company’s stock worth $33,000 after buying an additional 352 shares during the period. Finally, Quaker Wealth Management LLC lifted its stake in First Trust Rising Dividend Achievers ETF by 200.2% in the second quarter. Quaker Wealth Management LLC now owns 568 shares of the company’s stock valued at $36,000 after buying an additional 1,135 shares during the last quarter.

First Trust Rising Dividend Achievers ETF Stock Performance

Shares of RDVY opened at $72.61 on Friday. First Trust Rising Dividend Achievers ETF has a 1 year low of $50.27 and a 1 year high of $73.11. The company has a market cap of $20.21 billion, a price-to-earnings ratio of 15.46 and a beta of 1.10. The firm has a fifty day moving average of $69.44 and a 200-day moving average of $66.90.

First Trust Rising Dividend Achievers ETF Increases Dividend

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

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.