First Trust Rising Dividend Achievers ETF $RDVY Shares Bought by Cetera Investment Advisers

Cetera Investment Advisers lifted its position in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 8.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,044,145 shares of the company’s stock after acquiring an additional 299,620 shares during the quarter. Cetera Investment Advisers owned 1.38% of First Trust Rising Dividend Achievers ETF worth $276,134,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of RDVY. GSG Advisors LLC grew its holdings in First Trust Rising Dividend Achievers ETF by 6.7% in the first quarter. GSG Advisors LLC now owns 189,055 shares of the company’s stock valued at $12,909,000 after purchasing an additional 11,853 shares during the last quarter. NewEdge Wealth LLC raised its stake in shares of First Trust Rising Dividend Achievers ETF by 0.5% during the 1st quarter. NewEdge Wealth LLC now owns 63,903 shares of the company’s stock worth $4,363,000 after buying an additional 294 shares during the last quarter. Florida Financial Advisors LLC raised its stake in shares of First Trust Rising Dividend Achievers ETF by 29.1% during the 1st quarter. Florida Financial Advisors LLC now owns 5,340 shares of the company’s stock worth $365,000 after buying an additional 1,204 shares during the last quarter. Commonwealth Financial Services LLC acquired a new position in shares of First Trust Rising Dividend Achievers ETF during the 1st quarter worth $11,963,000. Finally, Basepoint Wealth LLC grew its stake in First Trust Rising Dividend Achievers ETF by 4.5% in the 1st quarter. Basepoint Wealth LLC now owns 3,187 shares of the company’s stock valued at $218,000 after acquiring an additional 136 shares during the last quarter.

First Trust Rising Dividend Achievers ETF Trading Down 0.5%

NASDAQ:RDVY opened at $80.03 on Thursday. The company has a market capitalization of $24.39 billion, a P/E ratio of 15.46 and a beta of 1.00. The firm has a 50-day moving average price of $77.91 and a two-hundred day moving average price of $73.98. First Trust Rising Dividend Achievers ETF has a twelve month low of $62.02 and a twelve month high of $81.36.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were given a $0.1474 dividend. The ex-dividend date was Thursday, June 25th. This represents a $0.59 annualized dividend and a dividend yield of 0.7%.

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.