First Trust Rising Dividend Achievers ETF $RDVY Shares Bought by Chris Bulman Inc

Chris Bulman Inc raised its holdings in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 33.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 188,670 shares of the company’s stock after purchasing an additional 47,781 shares during the period. First Trust Rising Dividend Achievers ETF comprises approximately 5.8% of Chris Bulman Inc’s holdings, making the stock its 3rd largest holding. Chris Bulman Inc’s holdings in First Trust Rising Dividend Achievers ETF were worth $13,107,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in RDVY. Ameriprise Financial Inc. increased its holdings in shares of First Trust Rising Dividend Achievers ETF by 15.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 7,074,097 shares of the company’s stock valued at $442,526,000 after acquiring an additional 957,587 shares during the last quarter. JPMorgan Chase & Co. increased its stake in First Trust Rising Dividend Achievers ETF by 74.0% during the third quarter. JPMorgan Chase & Co. now owns 1,707,049 shares of the company’s stock valued at $114,816,000 after purchasing an additional 725,742 shares during the last quarter. UBS Group AG boosted its holdings in shares of First Trust Rising Dividend Achievers ETF by 12.2% in the 3rd quarter. UBS Group AG now owns 5,740,264 shares of the company’s stock valued at $386,090,000 after buying an additional 624,936 shares during the period. Envestnet Asset Management Inc. grew its position in shares of 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 valued at $329,979,000 after buying an additional 577,318 shares during the last quarter. Finally, Prudential PLC acquired a new stake in First Trust Rising Dividend Achievers ETF during the third quarter worth about $32,762,000.

First Trust Rising Dividend Achievers ETF Stock Down 1.6%

Shares of NASDAQ RDVY opened at $66.68 on Friday. The firm’s 50-day moving average price is $71.19 and its two-hundred day moving average price is $69.29. First Trust Rising Dividend Achievers ETF has a 52-week low of $50.27 and a 52-week high of $73.54. The stock has a market capitalization of $18.81 billion, a P/E ratio of 15.46 and a beta of 1.10.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th will be issued a dividend of $0.1813 per share. The ex-dividend date of this dividend is Thursday, March 26th. This represents a $0.73 annualized dividend and a dividend yield of 1.1%.

First Trust Rising Dividend Achievers ETF Company 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.