First Trust Rising Dividend Achievers ETF $RDVY Stock Purchased by Accel Wealth Management

Accel Wealth Management lifted its position in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 8.8% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 137,688 shares of the company’s stock after acquiring an additional 11,173 shares during the quarter. First Trust Rising Dividend Achievers ETF makes up 2.3% of Accel Wealth Management’s investment portfolio, making the stock its 7th largest position. Accel Wealth Management’s holdings in First Trust Rising Dividend Achievers ETF were worth $10,780,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. Bessemer Group Inc. purchased a new stake in First Trust Rising Dividend Achievers ETF during the first quarter valued at about $29,000. Anchor Investment Management LLC purchased a new position in shares of First Trust Rising Dividend Achievers ETF in the first quarter worth about $34,000. University of Texas Texas AM Investment Management Co. purchased a new position in shares of First Trust Rising Dividend Achievers ETF in the fourth quarter worth about $37,000. Rosenberg Matthew Hamilton bought a new stake in shares of First Trust Rising Dividend Achievers ETF in the third quarter valued at approximately $43,000. Finally, Thompson Investment Management Inc. bought a new stake in shares of First Trust Rising Dividend Achievers ETF in the second quarter valued at approximately $56,000.

First Trust Rising Dividend Achievers ETF Trading Down 0.3%

Shares of RDVY stock traded down $0.21 during trading on Tuesday, reaching $79.53. 880,945 shares of the company’s stock traded hands, compared to its average volume of 1,283,179. The company has a market capitalization of $25.40 billion, a P/E ratio of 15.46 and a beta of 1.00. The firm’s 50-day moving average is $81.02 and its 200 day moving average is $77.83. First Trust Rising Dividend Achievers ETF has a 1 year low of $64.99 and a 1 year high of $84.02.

First Trust Rising Dividend Achievers ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were issued a dividend of $0.1521 per share. This represents a $0.61 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Thursday, September 24th. This is a positive change from First Trust Rising Dividend Achievers ETF’s previous quarterly dividend of $0.1474.

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.