Bleakley Financial Group LLC Increases Stock Position in First Trust Rising Dividend Achievers ETF $RDVY

Bleakley Financial Group LLC grew its holdings in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 49.1% during the 1st quarter, HoldingsChannel.com reports. The firm owned 444,900 shares of the company’s stock after buying an additional 146,438 shares during the period. Bleakley Financial Group LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $30,378,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of the business. Financial Perspectives Inc acquired a new stake in shares of First Trust Rising Dividend Achievers ETF in the 4th quarter valued at approximately $26,000. Huntington National Bank boosted its stake in shares of First Trust Rising Dividend Achievers ETF by 37,000.0% in the fourth quarter. Huntington National Bank now owns 371 shares of the company’s stock valued at $26,000 after buying an additional 370 shares in the last quarter. Trust Co. of Vermont acquired a new position in First Trust Rising Dividend Achievers ETF during the fourth quarter worth $27,000. United Community Bank acquired a new position in First Trust Rising Dividend Achievers ETF during the fourth quarter worth $28,000. Finally, Anchor Investment Management LLC purchased a new position in First Trust Rising Dividend Achievers ETF in the first quarter worth $34,000.

First Trust Rising Dividend Achievers ETF Stock Performance

NASDAQ:RDVY opened at $79.78 on Tuesday. First Trust Rising Dividend Achievers ETF has a 1 year low of $61.84 and a 1 year high of $81.36. The stock has a fifty day moving average price of $77.12 and a two-hundred day moving average price of $73.49. The stock has a market capitalization of $24.21 billion, a price-to-earnings ratio of 15.46 and a beta of 1.00.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were paid a dividend of $0.1474 per share. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $0.59 dividend on an annualized basis and a dividend yield of 0.7%.

About First Trust Rising Dividend Achievers ETF

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.