Cambridge Investment Research Advisors Inc. Has $188.15 Million Holdings in First Trust Rising Dividend Achievers ETF $RDVY

Cambridge Investment Research Advisors Inc. grew its holdings in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 4.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,708,359 shares of the company’s stock after purchasing an additional 117,439 shares during the period. First Trust Rising Dividend Achievers ETF comprises approximately 0.5% of Cambridge Investment Research Advisors Inc.’s investment portfolio, making the stock its 26th biggest holding. Cambridge Investment Research Advisors Inc.’s holdings in First Trust Rising Dividend Achievers ETF were worth $188,150,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in RDVY. Balefire LLC grew its stake in shares of First Trust Rising Dividend Achievers ETF by 32.1% in the fourth quarter. Balefire LLC now owns 39,521 shares of the company’s stock valued at $2,746,000 after buying an additional 9,594 shares in the last quarter. Ashton Thomas Private Wealth LLC grew its stake in shares of First Trust Rising Dividend Achievers ETF by 27.6% in the third quarter. Ashton Thomas Private Wealth LLC now owns 34,134 shares of the company’s stock valued at $2,296,000 after buying an additional 7,379 shares in the last quarter. Atria Investments Inc grew its stake in shares of First Trust Rising Dividend Achievers ETF by 7.1% in the third quarter. Atria Investments Inc now owns 193,425 shares of the company’s stock valued at $13,010,000 after buying an additional 12,843 shares in the last quarter. Cozad Asset Management Inc. grew its stake in shares of First Trust Rising Dividend Achievers ETF by 9.3% in the third quarter. Cozad Asset Management Inc. now owns 108,125 shares of the company’s stock valued at $7,272,000 after buying an additional 9,181 shares in the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. grew its stake in shares of First Trust Rising Dividend Achievers ETF by 15.9% in the third quarter. Harel Insurance Investments & Financial Services Ltd. now owns 80,000 shares of the company’s stock valued at $5,381,000 after buying an additional 11,000 shares in the last quarter.

First Trust Rising Dividend Achievers ETF Trading Down 1.0%

NASDAQ:RDVY opened at $73.64 on Friday. First Trust Rising Dividend Achievers ETF has a 1-year low of $59.01 and a 1-year high of $75.75. The firm has a fifty day simple moving average of $71.58 and a 200 day simple moving average of $70.71. The stock has a market capitalization of $21.63 billion, a PE ratio of 15.46 and a beta of 1.02.

First Trust Rising Dividend Achievers ETF Cuts Dividend

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