First Trust Rising Dividend Achievers ETF $RDVY Shares Acquired by Serenity Investment Advisors

Serenity Investment Advisors increased its stake in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 147.8% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 20,888 shares of the company’s stock after acquiring an additional 12,460 shares during the period. First Trust Rising Dividend Achievers ETF makes up approximately 0.6% of Serenity Investment Advisors’ holdings, making the stock its 23rd largest holding. Serenity Investment Advisors’ holdings in First Trust Rising Dividend Achievers ETF were worth $1,572,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of RDVY. Financial Perspectives Inc purchased a new stake in shares of First Trust Rising Dividend Achievers ETF during the fourth quarter valued at approximately $26,000. Huntington National Bank increased its stake in First Trust Rising Dividend Achievers ETF by 37,000.0% during the 4th quarter. Huntington National Bank now owns 371 shares of the company’s stock worth $26,000 after buying an additional 370 shares during the period. Trust Co. of Vermont acquired a new position in First Trust Rising Dividend Achievers ETF in the 4th quarter worth $27,000. United Community Bank purchased a new position in First Trust Rising Dividend Achievers ETF in the 4th quarter valued at about $28,000. Finally, Bessemer Group Inc. acquired a new stake in shares of First Trust Rising Dividend Achievers ETF during the first quarter valued at about $29,000.

First Trust Rising Dividend Achievers ETF Stock Up 0.4%

RDVY stock opened at $81.09 on Friday. The stock’s 50 day moving average is $78.78 and its two-hundred day moving average is $74.39. First Trust Rising Dividend Achievers ETF has a 52-week low of $62.02 and a 52-week high of $81.46. The company has a market capitalization of $24.82 billion, a PE ratio of 15.46 and a beta of 1.00.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were paid a dividend of $0.1474 per share. This represents a $0.59 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Thursday, June 25th.

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.