First Trust Rising Dividend Achievers ETF $RDVY Shares Acquired by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC lifted its holdings in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 9.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 102,783 shares of the company’s stock after purchasing an additional 8,629 shares during the quarter. Axxcess Wealth Management LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $7,018,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of RDVY. Arbor Trust Wealth Advisors LLC purchased a new stake in First Trust Rising Dividend Achievers ETF in the first quarter valued at approximately $209,000. Integrated Advisors Network LLC raised its holdings in shares of First Trust Rising Dividend Achievers ETF by 21.4% in the 1st quarter. Integrated Advisors Network LLC now owns 8,525 shares of the company’s stock valued at $582,000 after buying an additional 1,500 shares during the period. Stephens Inc. AR raised its holdings in shares of First Trust Rising Dividend Achievers ETF by 5.4% in the 1st quarter. Stephens Inc. AR now owns 121,395 shares of the company’s stock valued at $8,289,000 after buying an additional 6,168 shares during the period. LVZ Inc. lifted its position in shares of First Trust Rising Dividend Achievers ETF by 10.9% during the first quarter. LVZ Inc. now owns 72,915 shares of the company’s stock worth $4,979,000 after purchasing an additional 7,193 shares in the last quarter. Finally, Walkner Condon Financial Advisors LLC increased its stake in First Trust Rising Dividend Achievers ETF by 2.1% during the 1st quarter. Walkner Condon Financial Advisors LLC now owns 209,077 shares of the company’s stock worth $14,276,000 after buying an additional 4,210 shares during the period.

First Trust Rising Dividend Achievers ETF Stock Down 0.9%

Shares of RDVY stock opened at $79.76 on Wednesday. The firm has a 50 day moving average of $76.70 and a two-hundred day moving average of $73.22. The stock has a market capitalization of $24.08 billion, a PE ratio of 15.46 and a beta of 1.00. First Trust Rising Dividend Achievers ETF has a 52 week low of $61.84 and a 52 week high of $81.36.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were given a $0.1474 dividend. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $0.59 dividend on an annualized basis 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.