First Trust Rising Dividend Achievers ETF $RDVY Shares Bought by Bleakley Financial Group LLC

Bleakley Financial Group LLC grew its holdings in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 49.1% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 444,900 shares of the company’s stock after buying an additional 146,438 shares during the period. Bleakley Financial Group LLC owned 0.15% of First Trust Rising Dividend Achievers ETF worth $30,378,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Financial Perspectives Inc acquired a new stake in First Trust Rising Dividend Achievers ETF during the 4th quarter worth approximately $26,000. Huntington National Bank increased its holdings in shares of First Trust Rising Dividend Achievers ETF by 37,000.0% in the fourth quarter. Huntington National Bank now owns 371 shares of the company’s stock valued at $26,000 after purchasing an additional 370 shares during the period. Trust Co. of Vermont acquired a new position in shares of First Trust Rising Dividend Achievers ETF in the fourth quarter valued at approximately $27,000. United Community Bank purchased a new stake in shares of First Trust Rising Dividend Achievers ETF during the fourth quarter worth approximately $28,000. Finally, Anchor Investment Management LLC purchased a new stake in shares of First Trust Rising Dividend Achievers ETF during the first quarter worth approximately $34,000.

First Trust Rising Dividend Achievers ETF Price Performance

Shares of NASDAQ RDVY opened at $79.78 on Tuesday. The stock has a fifty day moving average price of $77.12 and a 200 day moving average price of $73.49. First Trust Rising Dividend Achievers ETF has a 1-year low of $61.84 and a 1-year high of $81.36. The company has a market cap of $24.21 billion, a PE ratio of 15.46 and a beta of 1.00.

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 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.