RFG Advisory LLC Has $15.80 Million Position in First Trust Rising Dividend Achievers ETF $RDVY

RFG Advisory LLC raised its holdings in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 248.1% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 231,424 shares of the company’s stock after acquiring an additional 164,937 shares during the quarter. RFG Advisory LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $15,802,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. AQR Capital Management LLC lifted its stake in shares of First Trust Rising Dividend Achievers ETF by 70.2% in the 1st quarter. AQR Capital Management LLC now owns 31,071 shares of the company’s stock valued at $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 increased its holdings in First Trust Rising Dividend Achievers ETF by 19.4% in the second quarter. Betterment LLC now owns 48,475 shares of the company’s stock valued at $3,041,000 after purchasing an additional 7,892 shares during the last quarter. Finally, Darwin Wealth Management LLC bought a new stake in First Trust Rising Dividend Achievers ETF in the second quarter valued at about $1,433,000.

First Trust Rising Dividend Achievers ETF Trading Up 0.4%

Shares of RDVY opened at $78.89 on Thursday. First Trust Rising Dividend Achievers ETF has a 1 year low of $61.52 and a 1 year high of $80.05. The stock has a market cap of $23.17 billion, a P/E ratio of 15.46 and a beta of 1.01. The stock’s 50-day moving average price is $75.63 and its two-hundred day moving average price is $72.55.

First Trust Rising Dividend Achievers ETF 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.