Guardian Wealth Advisors LLC NC Has $44.70 Million Stake in First Trust Rising Dividend Achievers ETF $RDVY

Guardian Wealth Advisors LLC NC lifted its holdings in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 6.5% in the 4th quarter, HoldingsChannel reports. The fund owned 643,484 shares of the company’s stock after purchasing an additional 39,482 shares during the period. First Trust Rising Dividend Achievers ETF makes up approximately 2.8% of Guardian Wealth Advisors LLC NC’s investment portfolio, making the stock its 8th biggest holding. Guardian Wealth Advisors LLC NC’s holdings in First Trust Rising Dividend Achievers ETF were worth $44,703,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in RDVY. LPL Financial LLC increased its position in shares of First Trust Rising Dividend Achievers ETF by 10.5% during the fourth quarter. LPL Financial LLC now owns 30,504,116 shares of the company’s stock worth $2,119,121,000 after acquiring an additional 2,907,770 shares in the last quarter. Wells Fargo & Company MN increased its position in shares of First Trust Rising Dividend Achievers ETF by 10.6% during the fourth quarter. Wells Fargo & Company MN now owns 11,276,215 shares of the company’s stock worth $783,359,000 after acquiring an additional 1,076,558 shares in the last quarter. 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 purchasing an additional 957,587 shares during the last quarter. Morgan Stanley boosted its holdings in First Trust Rising Dividend Achievers ETF by 4.9% during the fourth quarter. Morgan Stanley now owns 20,152,942 shares of the company’s stock worth $1,400,025,000 after purchasing an additional 940,590 shares during the last quarter. Finally, 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 purchasing an additional 725,742 shares during the last quarter.

First Trust Rising Dividend Achievers ETF Stock Performance

First Trust Rising Dividend Achievers ETF stock opened at $79.06 on Wednesday. First Trust Rising Dividend Achievers ETF has a fifty-two week low of $60.30 and a fifty-two week high of $79.95. The stock has a market cap of $23.22 billion, a PE ratio of 15.46 and a beta of 1.01. The firm’s 50-day simple moving average is $74.73 and its 200 day simple moving average is $72.11.

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 issued a dividend of $0.1813 per share. The ex-dividend date was Thursday, March 26th. This represents a $0.73 annualized dividend and a yield of 0.9%.

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.