First Trust Rising Dividend Achievers ETF $RDVY Stock Holdings Boosted by HBW Advisory Services LLC

HBW Advisory Services LLC grew its position in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 11.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 194,165 shares of the company’s stock after acquiring an additional 19,607 shares during the quarter. First Trust Rising Dividend Achievers ETF comprises 1.5% of HBW Advisory Services LLC’s holdings, making the stock its 12th largest position. HBW Advisory Services LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $15,201,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the stock. Howard Financial Services LTD. increased its position in First Trust Rising Dividend Achievers ETF by 3.3% during the third quarter. Howard Financial Services LTD. now owns 292,508 shares of the company’s stock worth $22,900,000 after purchasing an additional 9,350 shares during the last quarter. Alliance Wealth Advisors LLC grew its stake in shares of First Trust Rising Dividend Achievers ETF by 5.3% in the 3rd quarter. Alliance Wealth Advisors LLC now owns 10,248 shares of the company’s stock valued at $802,000 after buying an additional 513 shares during the period. Tempus Wealth Planning LLC grew its stake in shares of First Trust Rising Dividend Achievers ETF by 37.1% in the 3rd quarter. Tempus Wealth Planning LLC now owns 5,626 shares of the company’s stock valued at $440,000 after buying an additional 1,521 shares during the period. Triumph Capital Management increased its stake in First Trust Rising Dividend Achievers ETF by 1.1% during the third quarter. Triumph Capital Management now owns 132,285 shares of the company’s stock worth $10,357,000 after acquiring an additional 1,440 shares during the last quarter. Finally, Fearless Solutions LLC dba Best Invest acquired a new stake in shares of First Trust Rising Dividend Achievers ETF during the 3rd quarter worth about $260,000.

First Trust Rising Dividend Achievers ETF Price Performance

Shares of RDVY opened at $78.93 on Thursday. First Trust Rising Dividend Achievers ETF has a 1-year low of $64.99 and a 1-year high of $84.02. The firm has a 50-day simple moving average of $80.86 and a two-hundred day simple moving average of $77.99. The stock has a market cap of $25.27 billion, a PE ratio of 15.46 and a beta of 1.00.

First Trust Rising Dividend Achievers ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were issued a $0.1521 dividend. The ex-dividend date was Thursday, September 24th. This represents a $0.61 annualized dividend and a dividend yield of 0.8%. This is a boost from First Trust Rising Dividend Achievers ETF’s previous quarterly dividend of $0.1474.

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.