Cooper Capital Advisors LLC Has $6.62 Million Stake in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY)

Cooper Capital Advisors LLC raised its holdings in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 28.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 113,088 shares of the company’s stock after purchasing an additional 25,310 shares during the quarter. First Trust Rising Dividend Achievers ETF accounts for about 7.1% of Cooper Capital Advisors LLC’s portfolio, making the stock its 5th largest position. Cooper Capital Advisors LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $6,620,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Topsail Wealth Management LLC raised its stake in shares of First Trust Rising Dividend Achievers ETF by 6.4% in the first quarter. Topsail Wealth Management LLC now owns 17,005 shares of the company’s stock valued at $994,000 after acquiring an additional 1,023 shares during the period. Moloney Securities Asset Management LLC raised its stake in shares of First Trust Rising Dividend Achievers ETF by 19.8% in the first quarter. Moloney Securities Asset Management LLC now owns 20,509 shares of the company’s stock valued at $1,201,000 after acquiring an additional 3,396 shares during the period. Principal Securities Inc. raised its stake in shares of First Trust Rising Dividend Achievers ETF by 0.3% in the first quarter. Principal Securities Inc. now owns 140,573 shares of the company’s stock valued at $8,313,000 after acquiring an additional 401 shares during the period. Stratos Wealth Partners LTD. raised its stake in shares of First Trust Rising Dividend Achievers ETF by 11.5% in the first quarter. Stratos Wealth Partners LTD. now owns 476,233 shares of the company’s stock valued at $27,879,000 after acquiring an additional 48,984 shares during the period. Finally, Stratos Wealth Advisors LLC raised its stake in shares of First Trust Rising Dividend Achievers ETF by 7.4% in the first quarter. Stratos Wealth Advisors LLC now owns 182,417 shares of the company’s stock valued at $10,679,000 after acquiring an additional 12,504 shares during the period.

First Trust Rising Dividend Achievers ETF Trading Up 0.3%

Shares of RDVY opened at $63.56 on Thursday. First Trust Rising Dividend Achievers ETF has a twelve month low of $50.27 and a twelve month high of $64.63. The company has a market cap of $15.24 billion, a P/E ratio of 14.82 and a beta of 1.15. The company’s fifty day simple moving average is $60.88 and its 200-day simple moving average is $59.85.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Thursday, June 26th were paid a $0.1706 dividend. This represents a $0.68 annualized dividend and a yield of 1.07%. The ex-dividend date of this dividend was Thursday, June 26th.

First Trust Rising Dividend Achievers ETF 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.