Fifth Third Bancorp Acquires 123,953 Shares of First Trust Rising Dividend Achievers ETF $RDVY

Fifth Third Bancorp increased its stake in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 5,846.8% during the first quarter, according to its most recent filing with the SEC. The fund owned 126,073 shares of the company’s stock after buying an additional 123,953 shares during the quarter. Fifth Third Bancorp’s holdings in First Trust Rising Dividend Achievers ETF were worth $8,608,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Huntington National Bank boosted its stake in 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 acquiring an additional 370 shares during the last quarter. Financial Perspectives Inc purchased a new stake in shares of First Trust Rising Dividend Achievers ETF during the 4th quarter worth approximately $26,000. Trust Co. of Vermont purchased a new stake in shares of First Trust Rising Dividend Achievers ETF during the 4th quarter worth approximately $27,000. United Community Bank bought a new stake in shares of First Trust Rising Dividend Achievers ETF in the 4th quarter worth approximately $28,000. Finally, Lloyd Advisory Services LLC. bought a new stake in shares of First Trust Rising Dividend Achievers ETF in the 4th quarter worth approximately $36,000.

First Trust Rising Dividend Achievers ETF Trading Down 0.0%

First Trust Rising Dividend Achievers ETF stock opened at $80.15 on Thursday. The business’s 50 day simple moving average is $77.32 and its 200 day simple moving average is $73.62. First Trust Rising Dividend Achievers ETF has a 12 month low of $61.84 and a 12 month high of $81.36. The company has a market cap of $24.35 billion, a price-to-earnings ratio of 15.46 and a beta of 1.00.

First Trust Rising Dividend Achievers ETF Cuts Dividend

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

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.