Worthington Financial Partners LLC Purchases New Shares in First Trust Rising Dividend Achievers ETF $RDVY

Worthington Financial Partners LLC purchased a new position in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) in the 4th quarter, HoldingsChannel.com reports. The fund purchased 22,176 shares of the company’s stock, valued at approximately $1,541,000. First Trust Rising Dividend Achievers ETF comprises approximately 1.4% of Worthington Financial Partners LLC’s portfolio, making the stock its 19th biggest holding.

A number of other large investors also recently added to or reduced their stakes in the stock. Balefire LLC boosted its holdings in First Trust Rising Dividend Achievers ETF by 32.1% in the 4th quarter. Balefire LLC now owns 39,521 shares of the company’s stock worth $2,746,000 after buying an additional 9,594 shares during the last quarter. Cozad Asset Management Inc. raised its holdings in shares of First Trust Rising Dividend Achievers ETF by 9.3% during the third quarter. Cozad Asset Management Inc. now owns 108,125 shares of the company’s stock valued at $7,272,000 after acquiring an additional 9,181 shares during the last quarter. Genesis Private Wealth LLC raised its holdings in shares of First Trust Rising Dividend Achievers ETF by 7.1% during the fourth quarter. Genesis Private Wealth LLC now owns 112,076 shares of the company’s stock valued at $7,786,000 after acquiring an additional 7,444 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC acquired a new position in shares of First Trust Rising Dividend Achievers ETF during the fourth quarter valued at approximately $743,000. Finally, Flagship Harbor Advisors LLC lifted its position in shares of First Trust Rising Dividend Achievers ETF by 23.2% in the fourth quarter. Flagship Harbor Advisors LLC now owns 162,537 shares of the company’s stock valued at $11,291,000 after acquiring an additional 30,610 shares in the last quarter.

First Trust Rising Dividend Achievers ETF Price Performance

Shares of NASDAQ:RDVY opened at $79.15 on Friday. The business’s 50 day moving average price is $75.24 and its 200-day moving average price is $72.31. The firm has a market capitalization of $23.25 billion, a PE ratio of 15.46 and a beta of 1.01. First Trust Rising Dividend Achievers ETF has a 1 year low of $60.30 and a 1 year high of $80.05.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were paid a $0.1813 dividend. This represents a $0.73 annualized dividend and a yield of 0.9%. 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.