NewEdge Advisors LLC increased its holdings in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY – Free Report) by 3.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,481,721 shares of the company’s stock after purchasing an additional 43,747 shares during the quarter. NewEdge Advisors LLC owned 0.48% of First Trust Rising Dividend Achievers ETF worth $120,108,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors also recently modified their holdings of the business. Huntington National Bank increased its holdings in First Trust Rising Dividend Achievers ETF by 37,000.0% in the 4th quarter. Huntington National Bank now owns 371 shares of the company’s stock worth $26,000 after buying an additional 370 shares in the last quarter. Bessemer Group Inc. purchased a new position in First Trust Rising Dividend Achievers ETF in the 1st quarter worth about $29,000. Anchor Investment Management LLC bought a new position in First Trust Rising Dividend Achievers ETF during the 1st quarter valued at about $34,000. Lloyd Advisory Services LLC. bought a new position in First Trust Rising Dividend Achievers ETF during the 4th quarter valued at about $36,000. Finally, University of Texas Texas AM Investment Management Co. purchased a new stake in shares of First Trust Rising Dividend Achievers ETF during the 4th quarter valued at about $37,000.
First Trust Rising Dividend Achievers ETF Stock Down 1.1%
Shares of RDVY stock opened at $81.15 on Wednesday. The company has a 50 day moving average price of $81.41 and a 200-day moving average price of $76.33. First Trust Rising Dividend Achievers ETF has a 52 week low of $64.97 and a 52 week high of $84.02. The firm has a market capitalization of $24.89 billion, a PE ratio of 15.46 and a beta of 1.00.
First Trust Rising Dividend Achievers ETF Cuts Dividend
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.
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