Rockefeller Capital Management L.P. Acquires 530,990 Shares of First Trust Rising Dividend Achievers ETF $RDVY

Rockefeller Capital Management L.P. raised its stake in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 126.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 951,998 shares of the company’s stock after buying an additional 530,990 shares during the quarter. Rockefeller Capital Management L.P. owned about 0.34% of First Trust Rising Dividend Achievers ETF worth $66,135,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. World Investment Advisors increased its holdings in First Trust Rising Dividend Achievers ETF by 31.3% in the 4th quarter. World Investment Advisors now owns 158,704 shares of the company’s stock valued at $11,025,000 after acquiring an additional 37,803 shares during the last quarter. Advisortrust Partners LLC bought a new position in shares of First Trust Rising Dividend Achievers ETF during the 4th quarter valued at approximately $223,000. Rubicon Advisors GP bought a new position in shares of First Trust Rising Dividend Achievers ETF during the 4th quarter valued at approximately $1,351,000. Worthington Financial Partners LLC bought a new stake in First Trust Rising Dividend Achievers ETF in the fourth quarter worth $1,541,000. Finally, Bayban purchased a new stake in First Trust Rising Dividend Achievers ETF during the fourth quarter valued at $139,000.

First Trust Rising Dividend Achievers ETF Price Performance

RDVY stock opened at $79.15 on Friday. First Trust Rising Dividend Achievers ETF has a 52 week low of $60.30 and a 52 week high of $80.05. The company has a fifty day simple moving average of $75.24 and a two-hundred day simple moving average of $72.31. The firm has a market capitalization 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 declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were issued a $0.1813 dividend. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $0.73 dividend on an annualized basis and a dividend 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.