Ashton Thomas Private Wealth LLC Acquires 7,379 Shares of First Trust Rising Dividend Achievers ETF $RDVY

Ashton Thomas Private Wealth LLC lifted its holdings in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 27.6% in the 3rd quarter, Holdings Channel reports. The firm owned 34,134 shares of the company’s stock after acquiring an additional 7,379 shares during the period. Ashton Thomas Private Wealth LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $2,296,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of RDVY. Confluence Wealth Services Inc. increased its holdings in shares of First Trust Rising Dividend Achievers ETF by 1.2% in the 3rd quarter. Confluence Wealth Services Inc. now owns 12,638 shares of the company’s stock worth $850,000 after buying an additional 153 shares during the last quarter. Howard Bailey Securities LLC grew its position in First Trust Rising Dividend Achievers ETF by 4.6% in the third quarter. Howard Bailey Securities LLC now owns 3,673 shares of the company’s stock worth $247,000 after acquiring an additional 160 shares in the last quarter. Centerpoint Advisory Group increased its stake in First Trust Rising Dividend Achievers ETF by 0.5% in the second 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. HBK Sorce Advisory LLC raised its position in First Trust Rising Dividend Achievers ETF by 1.4% during the third quarter. HBK Sorce Advisory LLC now owns 12,857 shares of the company’s stock valued at $865,000 after purchasing an additional 183 shares in the last quarter. Finally, Moors & Cabot Inc. raised its position in First Trust Rising Dividend Achievers ETF by 2.4% during the second quarter. Moors & Cabot Inc. now owns 8,218 shares of the company’s stock valued at $516,000 after purchasing an additional 194 shares in the last quarter.

First Trust Rising Dividend Achievers ETF Trading Down 0.4%

RDVY opened at $71.58 on Friday. The stock has a market capitalization of $20.20 billion, a P/E ratio of 15.46 and a beta of 1.10. The stock has a 50-day moving average price of $70.93 and a 200-day moving average price of $67.76. First Trust Rising Dividend Achievers ETF has a 12-month low of $50.27 and a 12-month high of $73.43.

First Trust Rising Dividend Achievers ETF Increases Dividend

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

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.