First Trust Rising Dividend Achievers ETF $RDVY Shares Purchased by US Bancorp DE

US Bancorp DE increased its position in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 2.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 366,138 shares of the company’s stock after purchasing an additional 10,491 shares during the quarter. US Bancorp DE owned 0.13% of First Trust Rising Dividend Achievers ETF worth $25,440,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of RDVY. Ameriprise Financial Inc. lifted its holdings in shares of First Trust Rising Dividend Achievers ETF by 15.7% during the second quarter. Ameriprise Financial Inc. now owns 7,074,097 shares of the company’s stock worth $442,526,000 after purchasing an additional 957,587 shares during the period. JPMorgan Chase & Co. lifted its holdings in First Trust Rising Dividend Achievers ETF by 74.0% in the third quarter. JPMorgan Chase & Co. now owns 1,707,049 shares of the company’s stock valued at $114,816,000 after acquiring an additional 725,742 shares during the period. UBS Group AG lifted its holdings in First Trust Rising Dividend Achievers ETF by 12.2% in the third quarter. UBS Group AG now owns 5,740,264 shares of the company’s stock valued at $386,090,000 after acquiring an additional 624,936 shares during the period. Envestnet Asset Management Inc. lifted its holdings in First Trust Rising Dividend Achievers ETF by 13.3% in the third quarter. Envestnet Asset Management Inc. now owns 4,906,017 shares of the company’s stock valued at $329,979,000 after acquiring an additional 577,318 shares during the period. Finally, Prudential PLC acquired a new position in First Trust Rising Dividend Achievers ETF in the third quarter valued at approximately $32,762,000.

First Trust Rising Dividend Achievers ETF Trading Down 0.6%

Shares of NASDAQ:RDVY opened at $74.25 on Friday. First Trust Rising Dividend Achievers ETF has a 12-month low of $57.73 and a 12-month high of $75.26. The company has a market capitalization of $21.81 billion, a PE ratio of 15.46 and a beta of 1.02. The business has a 50 day moving average of $71.21 and a two-hundred day moving average of $70.21.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were issued a $0.1813 dividend. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $0.73 dividend on an annualized basis and a yield of 1.0%.

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.