7,807 Shares in First Trust Rising Dividend Achievers ETF $RDVY Acquired by Clark Asset Management LLC

Clark Asset Management LLC bought a new stake in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) in the first quarter, HoldingsChannel reports. The fund bought 7,807 shares of the company’s stock, valued at approximately $533,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. AQR Capital Management LLC raised its stake in 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 boosted its holdings in shares of First Trust Rising Dividend Achievers ETF by 104.0% in the 2nd quarter. First Trust Advisors LP now owns 23,934 shares of the company’s stock valued at $1,502,000 after purchasing an additional 12,204 shares during the last quarter. Cerity Partners LLC grew its stake in shares of First Trust Rising Dividend Achievers ETF by 38.1% during the 2nd quarter. Cerity Partners LLC now owns 5,657 shares of the company’s stock valued at $355,000 after buying 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 2nd quarter. Betterment LLC now owns 48,475 shares of the company’s stock valued at $3,041,000 after buying an additional 7,892 shares during the period. Finally, Darwin Wealth Management LLC purchased a new stake in shares of First Trust Rising Dividend Achievers ETF during the 2nd quarter valued at $1,433,000.

First Trust Rising Dividend Achievers ETF Stock Performance

Shares of First Trust Rising Dividend Achievers ETF stock opened at $79.15 on Monday. First Trust Rising Dividend Achievers ETF has a twelve month low of $60.30 and a twelve month high of $80.05. The stock has a market capitalization of $23.25 billion, a P/E ratio of 15.46 and a beta of 1.01. The business’s fifty day moving average price is $75.24 and its 200 day moving average price is $72.34.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were paid a dividend of $0.1813 per share. This represents a $0.73 annualized dividend and a yield of 0.9%. The ex-dividend date 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.