First Trust Rising Dividend Achievers ETF $RDVY Shares Acquired by DAVENPORT & Co LLC

DAVENPORT & Co LLC lifted its position in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 15.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 147,945 shares of the company’s stock after purchasing an additional 19,793 shares during the quarter. DAVENPORT & Co LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $10,278,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. AQR Capital Management LLC raised its position in First Trust Rising Dividend Achievers ETF by 70.2% during the 1st quarter. AQR Capital Management LLC now owns 31,071 shares of the company’s stock worth $1,819,000 after buying an additional 12,820 shares during the last quarter. J.W. Cole Advisors Inc. lifted its stake in First Trust Rising Dividend Achievers ETF by 1.9% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 87,090 shares of the company’s stock valued at $5,464,000 after acquiring an additional 1,597 shares during the period. Richmond Investment Services LLC boosted its holdings in shares of First Trust Rising Dividend Achievers ETF by 51.1% in the 2nd quarter. Richmond Investment Services LLC now owns 31,118 shares of the company’s stock valued at $1,952,000 after acquiring an additional 10,519 shares during the last quarter. Choreo LLC boosted its holdings in shares of First Trust Rising Dividend Achievers ETF by 11.9% in the 2nd quarter. Choreo LLC now owns 11,026 shares of the company’s stock valued at $692,000 after acquiring an additional 1,173 shares during the last quarter. Finally, Elevation Point Wealth Partners LLC increased its stake in shares of First Trust Rising Dividend Achievers ETF by 8.0% in the second quarter. Elevation Point Wealth Partners LLC now owns 65,483 shares of the company’s stock worth $4,108,000 after acquiring an additional 4,848 shares during the period.

First Trust Rising Dividend Achievers ETF Price Performance

Shares of First Trust Rising Dividend Achievers ETF stock opened at $69.27 on Thursday. The stock has a market cap of $19.54 billion, a PE ratio of 15.46 and a beta of 1.10. The firm has a fifty day moving average price of $71.41 and a 200 day moving average price of $69.29. First Trust Rising Dividend Achievers ETF has a 1 year low of $50.27 and a 1 year high of $73.54.

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.