Kiker Wealth Management LLC Decreases Stock Position in First Trust Rising Dividend Achievers ETF $RDVY

Kiker Wealth Management LLC lessened its stake in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 75.6% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 709 shares of the company’s stock after selling 2,197 shares during the quarter. Kiker Wealth Management LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $44,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of RDVY. Fifth Third Bancorp grew its position in First Trust Rising Dividend Achievers ETF by 652.0% in the 1st quarter. Fifth Third Bancorp now owns 940 shares of the company’s stock valued at $55,000 after acquiring an additional 815 shares during the last quarter. Dynamic Advisor Solutions LLC grew its position in First Trust Rising Dividend Achievers ETF by 44.9% in the 1st quarter. Dynamic Advisor Solutions LLC now owns 6,890 shares of the company’s stock valued at $403,000 after acquiring an additional 2,136 shares during the last quarter. Sowell Financial Services LLC bought a new position in First Trust Rising Dividend Achievers ETF in the 1st quarter valued at $1,200,000. Lynch & Associates IN grew its position in First Trust Rising Dividend Achievers ETF by 40.2% in the 1st quarter. Lynch & Associates IN now owns 15,233 shares of the company’s stock valued at $892,000 after acquiring an additional 4,371 shares during the last quarter. Finally, Kaydan Wealth Management Inc. grew its position in First Trust Rising Dividend Achievers ETF by 1.1% in the 1st quarter. Kaydan Wealth Management Inc. now owns 18,404 shares of the company’s stock valued at $1,077,000 after acquiring an additional 207 shares during the last quarter.

First Trust Rising Dividend Achievers ETF Stock Up 0.8%

Shares of First Trust Rising Dividend Achievers ETF stock opened at $66.58 on Wednesday. The stock’s fifty day moving average is $66.00 and its two-hundred day moving average is $62.05. The company has a market capitalization of $17.14 billion, a PE ratio of 15.46 and a beta of 1.15. First Trust Rising Dividend Achievers ETF has a 52 week low of $50.27 and a 52 week high of $68.11.

First Trust Rising Dividend Achievers ETF Cuts Dividend

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

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.