Aptus Capital Advisors LLC Buys 69,263 Shares of First Trust Rising Dividend Achievers ETF $RDVY

Aptus Capital Advisors LLC boosted its stake in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 12.8% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 611,322 shares of the company’s stock after purchasing an additional 69,263 shares during the quarter. Aptus Capital Advisors LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $41,118,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Ameriprise Financial Inc. grew its position in shares of 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 worth $442,526,000 after buying an additional 957,587 shares during the period. JPMorgan Chase & Co. boosted its stake in First Trust Rising Dividend Achievers ETF by 74.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,707,049 shares of the company’s stock worth $114,816,000 after acquiring an additional 725,742 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in First Trust Rising Dividend Achievers ETF by 13.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 4,906,017 shares of the company’s stock worth $329,979,000 after acquiring an additional 577,318 shares during the last quarter. Bank of America Corp DE grew its holdings in First Trust Rising Dividend Achievers ETF by 4.1% during the second 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 period. Finally, Jones Financial Companies Lllp increased its stake in First Trust Rising Dividend Achievers ETF by 27.4% in the third quarter. Jones Financial Companies Lllp now owns 1,153,826 shares of the company’s stock valued at $77,572,000 after purchasing an additional 248,261 shares in the last quarter.

First Trust Rising Dividend Achievers ETF Stock Performance

RDVY opened at $71.06 on Friday. The firm’s fifty day moving average is $72.00 and its two-hundred day moving average is $68.91. The firm has a market cap of $20.05 billion, a PE ratio of 15.46 and a beta of 1.10. First Trust Rising Dividend Achievers ETF has a twelve month low of $50.27 and a twelve month high of $73.54.

First Trust Rising Dividend Achievers ETF Increases Dividend

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

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.