Balefire LLC Buys 9,594 Shares of First Trust Rising Dividend Achievers ETF $RDVY

Balefire LLC raised its stake in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 32.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 39,521 shares of the company’s stock after buying an additional 9,594 shares during the quarter. Balefire LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $2,746,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of RDVY. First Horizon Corp acquired a new stake in shares of First Trust Rising Dividend Achievers ETF in the 3rd quarter valued at approximately $25,000. Cullen Frost Bankers Inc. acquired a new position in First Trust Rising Dividend Achievers ETF during the third quarter valued at approximately $28,000. Mather Group LLC. acquired a new position in First Trust Rising Dividend Achievers ETF during the third quarter valued at approximately $31,000. Pin Oak Investment Advisors Inc. bought a new stake in First Trust Rising Dividend Achievers ETF in the third quarter valued at approximately $38,000. Finally, Collier Financial bought a new stake in First Trust Rising Dividend Achievers ETF in the third quarter valued at approximately $41,000.

First Trust Rising Dividend Achievers ETF Stock Performance

RDVY opened at $69.27 on Wednesday. The firm’s fifty day moving average is $71.47 and its two-hundred day moving average is $69.29. The firm has a market cap of $19.54 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.

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.