9,679 Shares in First Trust Rising Dividend Achievers ETF $RDVY Bought by DB&C Advisors LLC

DB&C Advisors LLC acquired a new position in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) in the fourth quarter, HoldingsChannel reports. The fund acquired 9,679 shares of the company’s stock, valued at approximately $672,000.

A number of other institutional investors have also made changes to their positions in RDVY. AQR Capital Management LLC grew its stake in shares of First Trust Rising Dividend Achievers ETF by 70.2% during the first quarter. AQR Capital Management LLC now owns 31,071 shares of the company’s stock worth $1,819,000 after purchasing an additional 12,820 shares during the period. First Trust Advisors LP grew its stake in shares of First Trust Rising Dividend Achievers ETF by 104.0% during the second quarter. First Trust Advisors LP now owns 23,934 shares of the company’s stock worth $1,502,000 after purchasing an additional 12,204 shares during the period. Cerity Partners LLC grew its stake in shares of First Trust Rising Dividend Achievers ETF by 38.1% during the second quarter. Cerity Partners LLC now owns 5,657 shares of the company’s stock worth $355,000 after purchasing an additional 1,561 shares during the period. Betterment LLC grew its stake in shares of First Trust Rising Dividend Achievers ETF by 19.4% during the second quarter. Betterment LLC now owns 48,475 shares of the company’s stock worth $3,041,000 after purchasing an additional 7,892 shares during the period. Finally, Darwin Wealth Management LLC acquired a new stake in shares of First Trust Rising Dividend Achievers ETF during the second quarter worth $1,433,000.

First Trust Rising Dividend Achievers ETF Stock Down 1.8%

Shares of First Trust Rising Dividend Achievers ETF stock opened at $75.55 on Friday. First Trust Rising Dividend Achievers ETF has a 12 month low of $60.30 and a 12 month high of $77.12. The business has a fifty day simple moving average of $73.38 and a 200 day simple moving average of $71.52. The stock has a market cap of $22.19 billion, a PE ratio of 15.46 and a beta of 1.01.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were paid a $0.1813 dividend. This represents a $0.73 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend was Thursday, March 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.