NBT Bank N A NY Buys 12,170 Shares of First Trust Rising Dividend Achievers ETF $RDVY

NBT Bank N A NY boosted its stake in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 8,755.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,309 shares of the company’s stock after purchasing an additional 12,170 shares during the quarter. NBT Bank N A NY’s holdings in First Trust Rising Dividend Achievers ETF were worth $840,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of RDVY. Financial Perspectives Inc acquired a new position in shares of First Trust Rising Dividend Achievers ETF during the fourth quarter valued at about $26,000. Huntington National Bank increased its stake in 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 valued at $26,000 after acquiring an additional 370 shares during the period. Trust Co. of Vermont bought a new position in First Trust Rising Dividend Achievers ETF during the fourth quarter valued at about $27,000. United Community Bank acquired a new position in First Trust Rising Dividend Achievers ETF in the 4th quarter valued at 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 Stock Performance

Shares of RDVY stock opened at $80.14 on Monday. First Trust Rising Dividend Achievers ETF has a 12 month low of $61.84 and a 12 month high of $81.36. The company has a market capitalization of $24.20 billion, a P/E ratio of 15.46 and a beta of 1.00. The stock has a 50 day moving average of $76.49 and a two-hundred day moving average of $73.07.

First Trust Rising Dividend Achievers ETF Cuts Dividend

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