First Trust Rising Dividend Achievers ETF $RDVY Shares Bought by Thurston Springer Miller Herd & Titak Inc.

Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 984.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 60,732 shares of the company’s stock after buying an additional 55,132 shares during the quarter. First Trust Rising Dividend Achievers ETF accounts for about 1.5% of Thurston Springer Miller Herd & Titak Inc.’s holdings, making the stock its 7th biggest holding. Thurston Springer Miller Herd & Titak Inc.’s holdings in First Trust Rising Dividend Achievers ETF were worth $4,219,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Confluence Wealth Services Inc. grew its position in shares of First Trust Rising Dividend Achievers ETF by 1.2% in the 3rd quarter. Confluence Wealth Services Inc. now owns 12,638 shares of the company’s stock valued at $850,000 after buying an additional 153 shares during the last quarter. Quad Cities Investment Group LLC increased its stake in shares of First Trust Rising Dividend Achievers ETF by 0.7% in the fourth quarter. Quad Cities Investment Group LLC now owns 21,219 shares of the company’s stock valued at $1,474,000 after buying an additional 157 shares during the period. Allworth Financial LP raised its position in shares of First Trust Rising Dividend Achievers ETF by 0.3% during the third quarter. Allworth Financial LP now owns 59,767 shares of the company’s stock worth $4,020,000 after acquiring an additional 159 shares during the last quarter. Howard Bailey Securities LLC lifted its stake in shares of First Trust Rising Dividend Achievers ETF by 4.6% in the third quarter. Howard Bailey Securities LLC now owns 3,673 shares of the company’s stock worth $247,000 after acquiring an additional 160 shares during the period. Finally, Insigneo Advisory Services LLC lifted its stake in shares of First Trust Rising Dividend Achievers ETF by 0.8% in the third quarter. Insigneo Advisory Services LLC now owns 19,956 shares of the company’s stock worth $1,342,000 after acquiring an additional 163 shares during the period.

First Trust Rising Dividend Achievers ETF Stock Performance

NASDAQ:RDVY opened at $68.89 on Friday. The company has a market capitalization of $20.00 billion, a PE ratio of 15.46 and a beta of 1.10. The company has a 50 day simple moving average of $70.81 and a two-hundred day simple moving average of $69.36. First Trust Rising Dividend Achievers ETF has a fifty-two week low of $50.27 and a fifty-two week high of $73.54.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were paid a dividend of $0.1813 per share. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $0.73 annualized dividend and a yield of 1.1%.

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.