DHJJ Financial Advisors Ltd. Buys 751 Shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY)

DHJJ Financial Advisors Ltd. boosted its stake in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 6.0% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 13,251 shares of the company’s stock after purchasing an additional 751 shares during the period. DHJJ Financial Advisors Ltd.’s holdings in First Trust Rising Dividend Achievers ETF were worth $776,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the stock. Strategic Financial Concepts LLC bought a new position in shares of First Trust Rising Dividend Achievers ETF in the fourth quarter valued at about $2,145,000. Truist Financial Corp grew its stake in First Trust Rising Dividend Achievers ETF by 8.3% in the 4th quarter. Truist Financial Corp now owns 842,544 shares of the company’s stock valued at $49,828,000 after buying an additional 64,267 shares during the last quarter. D.A. Davidson & CO. raised its holdings in First Trust Rising Dividend Achievers ETF by 8.2% in the 4th quarter. D.A. Davidson & CO. now owns 729,399 shares of the company’s stock valued at $43,137,000 after acquiring an additional 55,219 shares during the period. Atria Wealth Solutions Inc. raised its holdings in First Trust Rising Dividend Achievers ETF by 17.3% in the 4th quarter. Atria Wealth Solutions Inc. now owns 723,783 shares of the company’s stock valued at $42,805,000 after acquiring an additional 106,563 shares during the period. Finally, Kestra Investment Management LLC acquired a new stake in First Trust Rising Dividend Achievers ETF during the fourth quarter worth approximately $163,000.

First Trust Rising Dividend Achievers ETF Trading Down 0.8%

NASDAQ:RDVY opened at $60.70 on Wednesday. The stock has a 50 day simple moving average of $58.72 and a 200 day simple moving average of $59.78. The stock has a market cap of $14.14 billion, a P/E ratio of 15.48 and a beta of 1.15. First Trust Rising Dividend Achievers ETF has a 1-year low of $50.27 and a 1-year high of $64.63.

First Trust Rising Dividend Achievers ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were issued a dividend of $0.2544 per share. The ex-dividend date was Thursday, March 27th. This represents a $1.02 dividend on an annualized basis and a dividend yield of 1.68%. This is an increase from First Trust Rising Dividend Achievers ETF’s previous quarterly dividend of $0.19.

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.