Centennial Wealth Advisory LLC boosted its stake in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY – Free Report) by 84.2% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 97,800 shares of the company’s stock after purchasing an additional 44,709 shares during the quarter. First Trust Rising Dividend Achievers ETF comprises about 1.6% of Centennial Wealth Advisory LLC’s investment portfolio, making the stock its 17th largest holding. Centennial Wealth Advisory LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $6,678,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also recently added to or reduced their stakes in the company. LPL Financial LLC boosted its holdings in First Trust Rising Dividend Achievers ETF by 10.5% during the fourth quarter. LPL Financial LLC now owns 30,504,116 shares of the company’s stock worth $2,119,121,000 after buying an additional 2,907,770 shares during the last quarter. Morgan Stanley increased its stake in shares of First Trust Rising Dividend Achievers ETF by 4.9% in the 4th quarter. Morgan Stanley now owns 20,152,942 shares of the company’s stock valued at $1,400,025,000 after acquiring an additional 940,590 shares during the last quarter. Raymond James Financial Inc. increased its stake in shares of First Trust Rising Dividend Achievers ETF by 2.2% in the 4th quarter. Raymond James Financial Inc. now owns 11,285,710 shares of the company’s stock valued at $784,018,000 after acquiring an additional 243,585 shares during the last quarter. Wells Fargo & Company MN raised its position in shares of First Trust Rising Dividend Achievers ETF by 10.6% in the 4th quarter. Wells Fargo & Company MN now owns 11,276,215 shares of the company’s stock valued at $783,359,000 after acquiring an additional 1,076,558 shares during the period. Finally, Ameriprise Financial Inc. raised its position in shares of First Trust Rising Dividend Achievers ETF by 10.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 7,790,897 shares of the company’s stock valued at $523,914,000 after acquiring an additional 716,800 shares during the period.
First Trust Rising Dividend Achievers ETF Price Performance
First Trust Rising Dividend Achievers ETF stock opened at $78.57 on Wednesday. The firm has a market capitalization of $23.08 billion, a price-to-earnings ratio of 15.46 and a beta of 1.01. The company’s 50 day simple moving average is $75.51 and its 200 day simple moving average is $72.49. First Trust Rising Dividend Achievers ETF has a fifty-two week low of $61.52 and a fifty-two week high of $80.05.
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.
Further Reading
- Five stocks we like better than First Trust Rising Dividend Achievers ETF
- Oracle’s Sell-Off Looks More Like a Mispricing Than a Warning
- Apple’s Intel Deal Arrives at the Right Time for Its Stock
- Liquid Gold: The AI Cooling Retrofit Trade
- 3 Dividend Stocks Under $30 to Anchor Your Portfolio
Want to see what other hedge funds are holding RDVY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY – Free Report).
Receive News & Ratings for First Trust Rising Dividend Achievers ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Rising Dividend Achievers ETF and related companies with MarketBeat.com's FREE daily email newsletter.
