First Trust Rising Dividend Achievers ETF $RDVY Position Increased by International Assets Investment Management LLC

International Assets Investment Management LLC raised its position in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 12.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 132,023 shares of the company’s stock after buying an additional 14,554 shares during the quarter. International Assets Investment Management LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $9,172,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of RDVY. AQR Capital Management LLC lifted its stake in First Trust Rising Dividend Achievers ETF by 70.2% during the first quarter. AQR Capital Management LLC now owns 31,071 shares of the company’s stock valued at $1,819,000 after buying an additional 12,820 shares in the last quarter. First Trust Advisors LP lifted its stake in First Trust Rising Dividend Achievers ETF by 104.0% during the second quarter. First Trust Advisors LP now owns 23,934 shares of the company’s stock valued at $1,502,000 after buying an additional 12,204 shares in the last quarter. Cerity Partners LLC lifted its stake in First Trust Rising Dividend Achievers ETF by 38.1% during the second quarter. Cerity Partners LLC now owns 5,657 shares of the company’s stock valued at $355,000 after buying an additional 1,561 shares in the last quarter. Betterment LLC lifted its stake in First Trust Rising Dividend Achievers ETF by 19.4% during the second quarter. Betterment LLC now owns 48,475 shares of the company’s stock valued at $3,041,000 after buying an additional 7,892 shares in the last quarter. Finally, Darwin Wealth Management LLC purchased a new stake in First Trust Rising Dividend Achievers ETF during the second quarter valued at about $1,433,000.

First Trust Rising Dividend Achievers ETF Trading Down 1.5%

RDVY stock opened at $74.36 on Friday. First Trust Rising Dividend Achievers ETF has a one year low of $58.58 and a one year high of $75.75. The firm has a market capitalization of $21.84 billion, a PE ratio of 15.46 and a beta of 1.02. The firm has a 50-day moving average of $71.35 and a two-hundred day moving average of $70.45.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were given a $0.1813 dividend. This represents a $0.73 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Thursday, March 26th.

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.