BNP Paribas Financial Markets Purchases 480,047 Shares of First Trust Rising Dividend Achievers ETF $RDVY

BNP Paribas Financial Markets boosted its position in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 640.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 554,949 shares of the company’s stock after acquiring an additional 480,047 shares during the period. BNP Paribas Financial Markets owned 0.20% of First Trust Rising Dividend Achievers ETF worth $38,552,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in RDVY. Financial Perspectives Inc bought a new position in First Trust Rising Dividend Achievers ETF in the fourth quarter worth approximately $26,000. Huntington National Bank lifted its holdings in shares of First Trust Rising Dividend Achievers ETF by 37,000.0% in the fourth quarter. Huntington National Bank now owns 371 shares of the company’s stock valued at $26,000 after purchasing an additional 370 shares in the last quarter. Trust Co. of Vermont bought a new position in shares of First Trust Rising Dividend Achievers ETF in the fourth quarter valued at approximately $27,000. United Community Bank bought a new position in shares of First Trust Rising Dividend Achievers ETF in the fourth quarter valued at approximately $28,000. Finally, Lloyd Advisory Services LLC. bought a new position in shares of First Trust Rising Dividend Achievers ETF in the fourth quarter valued at approximately $36,000.

First Trust Rising Dividend Achievers ETF Stock Up 0.1%

RDVY stock opened at $76.09 on Thursday. First Trust Rising Dividend Achievers ETF has a twelve month low of $60.30 and a twelve month high of $76.57. The stock’s 50 day moving average is $73.10 and its 200-day moving average is $71.43. The firm has a market capitalization of $22.35 billion, a PE ratio of 15.46 and a beta of 1.02.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were issued a $0.1813 dividend. This represents a $0.73 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Thursday, March 26th.

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.