Compass Capital Corp MA ADV Decreases Stock Position in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY)

Compass Capital Corp MA ADV decreased its holdings in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 14.5% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 40,697 shares of the company’s stock after selling 6,926 shares during the period. First Trust Rising Dividend Achievers ETF makes up approximately 1.2% of Compass Capital Corp MA ADV’s investment portfolio, making the stock its 22nd largest holding. Compass Capital Corp MA ADV’s holdings in First Trust Rising Dividend Achievers ETF were worth $2,382,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Cullen Frost Bankers Inc. acquired a new stake in First Trust Rising Dividend Achievers ETF in the 4th quarter worth approximately $25,000. Summit Investment Advisors Inc. raised its holdings in shares of First Trust Rising Dividend Achievers ETF by 195.3% in the fourth quarter. Summit Investment Advisors Inc. now owns 443 shares of the company’s stock worth $26,000 after buying an additional 293 shares during the last quarter. Graney & King LLC purchased a new position in shares of First Trust Rising Dividend Achievers ETF in the fourth quarter worth $27,000. Marshall & Sterling Wealth Advisors Inc. acquired a new stake in shares of First Trust Rising Dividend Achievers ETF during the fourth quarter worth $38,000. Finally, O Shaughnessy Asset Management LLC grew its holdings in shares of First Trust Rising Dividend Achievers ETF by 169.0% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 901 shares of the company’s stock valued at $53,000 after buying an additional 566 shares during the last quarter.

First Trust Rising Dividend Achievers ETF Price Performance

NASDAQ RDVY opened at $60.67 on Thursday. The company has a market cap of $14.13 billion, a price-to-earnings ratio of 15.48 and a beta of 1.15. The stock’s fifty day moving average price is $58.82 and its 200 day moving average price is $59.79. 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 declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were paid a dividend of $0.2544 per share. This represents a $1.02 annualized dividend and a yield of 1.68%. The ex-dividend date was Thursday, March 27th. 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.