Apeiron RIA LLC Takes Position in First Trust Rising Dividend Achievers ETF $RDVY

Apeiron RIA LLC bought a new position in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) in the 1st quarter, Holdings Channel reports. The fund bought 12,115 shares of the company’s stock, valued at approximately $827,000.

A number of other institutional investors and hedge funds have also bought and sold shares of RDVY. Financial Perspectives Inc bought a new position in First Trust Rising Dividend Achievers ETF in the 4th quarter valued at about $26,000. Huntington National Bank boosted its holdings in shares of First Trust Rising Dividend Achievers ETF by 37,000.0% during the fourth quarter. Huntington National Bank now owns 371 shares of the company’s stock worth $26,000 after acquiring an additional 370 shares during the period. Trust Co. of Vermont bought a new stake in shares of First Trust Rising Dividend Achievers ETF during the fourth quarter worth approximately $27,000. United Community Bank acquired a new position in shares of First Trust Rising Dividend Achievers ETF in the fourth quarter valued at approximately $28,000. Finally, Lloyd Advisory Services LLC. acquired a new position in shares of First Trust Rising Dividend Achievers ETF in the fourth quarter valued at approximately $36,000.

First Trust Rising Dividend Achievers ETF Stock Performance

Shares of NASDAQ RDVY opened at $80.14 on Friday. The firm has a market cap of $24.13 billion, a P/E ratio of 15.46 and a beta of 1.00. The business’s 50 day moving average is $76.49 and its 200-day moving average is $73.05. First Trust Rising Dividend Achievers ETF has a 1-year low of $61.84 and a 1-year high of $81.36.

First Trust Rising Dividend Achievers ETF Cuts Dividend

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

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.