Clear Creek Financial Management LLC Trims Position in First Trust Rising Dividend Achievers ETF $RDVY

Clear Creek Financial Management LLC decreased its position in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 11.2% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 12,054 shares of the company’s stock after selling 1,526 shares during the period. Clear Creek Financial Management LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $756,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the company. WealthCare Investment Partners LLC lifted its stake in shares of First Trust Rising Dividend Achievers ETF by 0.3% during the second quarter. WealthCare Investment Partners LLC now owns 59,562 shares of the company’s stock valued at $3,799,000 after buying an additional 161 shares during the period. Raleigh Capital Management Inc. lifted its stake in shares of First Trust Rising Dividend Achievers ETF by 34.2% during the second quarter. Raleigh Capital Management Inc. now owns 648 shares of the company’s stock valued at $41,000 after buying an additional 165 shares during the period. Barrett & Company Inc. lifted its stake in shares of First Trust Rising Dividend Achievers ETF by 0.7% during the second quarter. Barrett & Company Inc. now owns 31,120 shares of the company’s stock valued at $1,952,000 after buying an additional 206 shares during the period. Kaydan Wealth Management Inc. lifted its stake in shares of First Trust Rising Dividend Achievers ETF by 1.1% during the first quarter. Kaydan Wealth Management Inc. now owns 18,404 shares of the company’s stock valued at $1,077,000 after buying an additional 207 shares during the period. Finally, Purus Wealth Management LLC lifted its stake in shares of First Trust Rising Dividend Achievers ETF by 0.4% during the first quarter. Purus Wealth Management LLC now owns 50,320 shares of the company’s stock valued at $2,946,000 after buying an additional 207 shares during the period.

First Trust Rising Dividend Achievers ETF Stock Down 2.7%

NASDAQ:RDVY opened at $65.02 on Friday. The company has a market cap of $16.74 billion, a P/E ratio of 15.46 and a beta of 1.15. First Trust Rising Dividend Achievers ETF has a fifty-two week low of $50.27 and a fifty-two week high of $68.11. The firm’s 50 day moving average is $65.89 and its two-hundred day moving average is $61.93.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, September 25th were paid a dividend of $0.1487 per share. The ex-dividend date of this dividend was Thursday, September 25th. This represents a $0.59 dividend on an annualized basis and a yield of 0.9%.

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.