Diversify Wealth Management LLC Takes $514,000 Position in First Trust Rising Dividend Achievers ETF $RDVY

Diversify Wealth Management LLC acquired a new stake in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 6,935 shares of the company’s stock, valued at approximately $514,000.

Other large investors have also modified their holdings of the company. Financial Perspectives Inc bought a new position in shares of First Trust Rising Dividend Achievers ETF during the fourth quarter valued at approximately $26,000. Huntington National Bank increased 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 buying an additional 370 shares in the last quarter. Trust Co. of Vermont purchased a new stake in shares of First Trust Rising Dividend Achievers ETF during the fourth quarter valued at $27,000. United Community Bank purchased a new position in First Trust Rising Dividend Achievers ETF during the 4th quarter worth approximately $28,000. Finally, Lloyd Advisory Services LLC. acquired a new position in First Trust Rising Dividend Achievers ETF in the 4th quarter valued at approximately $36,000.

First Trust Rising Dividend Achievers ETF Trading Down 0.6%

RDVY stock opened at $80.00 on Friday. The firm has a market cap of $24.31 billion, a PE ratio of 15.46 and a beta of 1.00. The company has a fifty day simple moving average of $77.55 and a 200 day simple moving average of $73.74. First Trust Rising Dividend Achievers ETF has a 1 year low of $62.02 and a 1 year high of $81.36.

First Trust Rising Dividend Achievers ETF Cuts Dividend

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

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.