First Trust Rising Dividend Achievers ETF $RDVY Shares Bought by HBW Advisory Services LLC

HBW Advisory Services LLC raised its holdings in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 4.7% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 157,213 shares of the company’s stock after purchasing an additional 7,014 shares during the quarter. First Trust Rising Dividend Achievers ETF accounts for 1.1% of HBW Advisory Services LLC’s holdings, making the stock its 14th largest holding. HBW Advisory Services LLC owned 0.05% of First Trust Rising Dividend Achievers ETF worth $10,734,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Financial Perspectives Inc acquired a new stake in shares of First Trust Rising Dividend Achievers ETF during the 4th quarter worth about $26,000. Huntington National Bank raised its holdings in First Trust Rising Dividend Achievers ETF by 37,000.0% in the 4th quarter. Huntington National Bank now owns 371 shares of the company’s stock valued at $26,000 after buying an additional 370 shares during the period. Trust Co. of Vermont acquired a new position in First Trust Rising Dividend Achievers ETF in the fourth quarter valued at about $27,000. United Community Bank acquired a new position in First Trust Rising Dividend Achievers ETF in the fourth quarter valued at about $28,000. Finally, Anchor Investment Management LLC acquired a new position in First Trust Rising Dividend Achievers ETF in the first quarter valued at about $34,000.

First Trust Rising Dividend Achievers ETF Price Performance

Shares of RDVY stock opened at $79.78 on Tuesday. First Trust Rising Dividend Achievers ETF has a 1-year low of $61.84 and a 1-year high of $81.36. The firm has a market cap of $24.21 billion, a PE ratio of 15.46 and a beta of 1.00. The company has a 50-day moving average of $77.12 and a two-hundred day moving average of $73.49.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were issued a $0.1474 dividend. This represents a $0.59 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Thursday, June 25th.

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.