First Trust Rising Dividend Achievers ETF $RDVY Shares Sold by Corient Private Wealth LLC

Corient Private Wealth LLC lowered its position in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 3.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,176,963 shares of the company’s stock after selling 39,779 shares during the quarter. Corient Private Wealth LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $81,764,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Worthington Financial Partners LLC acquired a new position in shares of First Trust Rising Dividend Achievers ETF during the 4th quarter worth $1,541,000. Bayban acquired a new position in shares of First Trust Rising Dividend Achievers ETF during the 4th quarter worth approximately $139,000. Rehmann Capital Advisory Group acquired a new position in shares of First Trust Rising Dividend Achievers ETF during the 4th quarter worth approximately $1,104,000. SHP Wealth Management acquired a new stake in shares of First Trust Rising Dividend Achievers ETF during the fourth quarter valued at $380,000. Finally, OakTrust Wealth Advisors LLC purchased a new stake in First Trust Rising Dividend Achievers ETF during the 4th quarter worth about $291,000.

First Trust Rising Dividend Achievers ETF Stock Performance

Shares of NASDAQ RDVY opened at $79.15 on Friday. First Trust Rising Dividend Achievers ETF has a 1 year low of $60.30 and a 1 year high of $80.05. The firm’s 50 day moving average price is $75.24 and its 200 day moving average price is $72.31. The firm has a market cap of $23.25 billion, a P/E ratio of 15.46 and a beta of 1.01.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were given a dividend of $0.1813 per share. The ex-dividend date was Thursday, March 26th. This represents a $0.73 annualized dividend and a yield of 0.9%.

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.