Forte Capital LLC ADV Has $447,000 Stake in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY)

Forte Capital LLC ADV trimmed its stake in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 10.5% during the first quarter, HoldingsChannel.com reports. The fund owned 7,640 shares of the company’s stock after selling 895 shares during the quarter. Forte Capital LLC ADV’s holdings in First Trust Rising Dividend Achievers ETF were worth $447,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the business. Kingsview Wealth Management LLC grew its holdings in shares of First Trust Rising Dividend Achievers ETF by 26.9% during the first quarter. Kingsview Wealth Management LLC now owns 91,981 shares of the company’s stock worth $5,385,000 after purchasing an additional 19,476 shares during the last quarter. Frederick Financial Consultants LLC boosted its holdings in First Trust Rising Dividend Achievers ETF by 1.8% in the first quarter. Frederick Financial Consultants LLC now owns 104,757 shares of the company’s stock valued at $6,132,000 after acquiring an additional 1,818 shares during the last quarter. Lineweaver Wealth Advisors LLC boosted its holdings in First Trust Rising Dividend Achievers ETF by 3.4% in the first quarter. Lineweaver Wealth Advisors LLC now owns 77,607 shares of the company’s stock valued at $4,543,000 after acquiring an additional 2,526 shares during the last quarter. Larson Financial Group LLC boosted its holdings in First Trust Rising Dividend Achievers ETF by 12.3% in the first quarter. Larson Financial Group LLC now owns 34,952 shares of the company’s stock valued at $2,046,000 after acquiring an additional 3,842 shares during the last quarter. Finally, Prepared Retirement Institute LLC bought a new position in First Trust Rising Dividend Achievers ETF in the first quarter valued at about $630,000.

First Trust Rising Dividend Achievers ETF Stock Up 0.7%

First Trust Rising Dividend Achievers ETF stock opened at $63.06 on Friday. The business’s 50-day simple moving average is $61.48 and its 200 day simple moving average is $59.99. The stock has a market cap of $15.20 billion, a price-to-earnings ratio of 15.46 and a beta of 1.15. First Trust Rising Dividend Achievers ETF has a 12-month low of $50.27 and a 12-month high of $64.63.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Thursday, June 26th were paid a $0.1706 dividend. This represents a $0.68 annualized dividend and a yield of 1.08%. The ex-dividend date of this dividend was Thursday, June 26th.

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.