First Trust Rising Dividend Achievers ETF $RDVY Position Increased by Integrity Alliance LLC.

Integrity Alliance LLC. raised its holdings in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 184.5% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 65,823 shares of the company’s stock after purchasing an additional 42,687 shares during the quarter. Integrity Alliance LLC.’s holdings in First Trust Rising Dividend Achievers ETF were worth $4,573,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in RDVY. Ameriprise Financial Inc. boosted its holdings in 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 buying an additional 957,587 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in First Trust Rising Dividend Achievers ETF by 74.0% during the third quarter. JPMorgan Chase & Co. now owns 1,707,049 shares of the company’s stock worth $114,816,000 after buying an additional 725,742 shares in the last quarter. UBS Group AG boosted its holdings in First Trust Rising Dividend Achievers ETF by 12.2% during the third quarter. UBS Group AG now owns 5,740,264 shares of the company’s stock worth $386,090,000 after buying an additional 624,936 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in First Trust Rising Dividend Achievers ETF by 13.3% during the third quarter. Envestnet Asset Management Inc. now owns 4,906,017 shares of the company’s stock worth $329,979,000 after buying an additional 577,318 shares in the last quarter. Finally, Prudential PLC bought a new stake in First Trust Rising Dividend Achievers ETF during the third quarter worth approximately $32,762,000.

First Trust Rising Dividend Achievers ETF Stock Performance

Shares of NASDAQ:RDVY opened at $76.41 on Wednesday. The stock has a market capitalization of $22.45 billion, a price-to-earnings ratio of 15.46 and a beta of 1.02. First Trust Rising Dividend Achievers ETF has a 1-year low of $59.67 and a 1-year high of $76.43. The company has a 50 day moving average price of $72.31 and a 200 day moving average price of $71.09.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were given a $0.1813 dividend. This represents a $0.73 annualized dividend and a dividend yield of 0.9%. 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.