First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) Shares Sold by Proactive Wealth Strategies LLC

Proactive Wealth Strategies LLC decreased its position in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 0.4% during the 1st quarter, Holdings Channel.com reports. The firm owned 65,979 shares of the company’s stock after selling 272 shares during the period. First Trust Rising Dividend Achievers ETF accounts for about 2.1% of Proactive Wealth Strategies LLC’s portfolio, making the stock its 7th largest holding. Proactive Wealth Strategies LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $3,862,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new stake in First Trust Rising Dividend Achievers ETF during the fourth quarter worth approximately $593,242,000. Leigh Baldwin & CO. LLC bought a new stake in shares of First Trust Rising Dividend Achievers ETF during the 4th quarter valued at approximately $132,464,000. Ameriprise Financial Inc. grew its stake in shares of First Trust Rising Dividend Achievers ETF by 30.0% during the fourth quarter. Ameriprise Financial Inc. now owns 6,135,682 shares of the company’s stock worth $362,832,000 after buying an additional 1,417,024 shares during the last quarter. LPL Financial LLC raised its position in First Trust Rising Dividend Achievers ETF by 4.8% in the fourth quarter. LPL Financial LLC now owns 21,307,144 shares of the company’s stock valued at $1,260,104,000 after purchasing an additional 980,714 shares during the last quarter. Finally, Janney Montgomery Scott LLC raised its holdings in First Trust Rising Dividend Achievers ETF by 91.0% in the 1st quarter. Janney Montgomery Scott LLC now owns 1,274,557 shares of the company’s stock valued at $74,613,000 after buying an additional 607,354 shares during the last quarter.

First Trust Rising Dividend Achievers ETF Stock Performance

Shares of NASDAQ:RDVY opened at $61.32 on Tuesday. The firm has a market cap of $14.28 billion, a PE ratio of 14.82 and a beta of 1.15. First Trust Rising Dividend Achievers ETF has a 52 week low of $50.27 and a 52 week high of $64.63. The firm’s fifty day moving average is $59.18 and its 200-day moving average is $59.68.

First Trust Rising Dividend Achievers ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were paid a $0.2544 dividend. The ex-dividend date was Thursday, March 27th. This is a positive change from First Trust Rising Dividend Achievers ETF’s previous quarterly dividend of $0.19. This represents a $1.02 annualized dividend and a yield of 1.66%.

First Trust Rising Dividend Achievers ETF Company Profile

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.