First Trust Rising Dividend Achievers ETF $RDVY Shares Acquired by Ballew Advisors Inc

Ballew Advisors Inc increased its holdings in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 16.2% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 72,866 shares of the company’s stock after purchasing an additional 10,134 shares during the period. First Trust Rising Dividend Achievers ETF accounts for approximately 2.8% of Ballew Advisors Inc’s holdings, making the stock its 7th largest position. Ballew Advisors Inc’s holdings in First Trust Rising Dividend Achievers ETF were worth $5,772,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Basepoint Wealth LLC boosted its stake in First Trust Rising Dividend Achievers ETF by 4.5% in the 1st quarter. Basepoint Wealth LLC now owns 3,187 shares of the company’s stock valued at $218,000 after purchasing an additional 136 shares during the period. Retirement Planning Group LLC raised its holdings in First Trust Rising Dividend Achievers ETF by 1.8% in the 1st quarter. Retirement Planning Group LLC now owns 8,013 shares of the company’s stock valued at $547,000 after buying an additional 138 shares during the last quarter. MBE Wealth Management LLC lifted its holdings in shares of First Trust Rising Dividend Achievers ETF by 2.7% during the first quarter. MBE Wealth Management LLC now owns 6,798 shares of the company’s stock worth $464,000 after purchasing an additional 179 shares during the period. Castleview Partners LLC increased its holdings in First Trust Rising Dividend Achievers ETF by 2.8% in the first quarter. Castleview Partners LLC now owns 6,898 shares of the company’s stock valued at $471,000 after purchasing an additional 189 shares during the period. Finally, Castle Rock Wealth Management LLC boosted its holdings in First Trust Rising Dividend Achievers ETF by 3.1% in the second quarter. Castle Rock Wealth Management LLC now owns 6,917 shares of the company’s stock valued at $557,000 after acquiring an additional 205 shares during the last quarter.

First Trust Rising Dividend Achievers ETF Stock Up 0.4%

RDVY traded up $0.35 during trading on Monday, reaching $79.56. 862,844 shares of the stock traded hands, compared to its average volume of 1,290,487. The stock’s 50-day moving average is $81.19 and its 200 day moving average is $77.39. First Trust Rising Dividend Achievers ETF has a 12 month low of $64.97 and a 12 month high of $84.02. The stock has a market capitalization of $25.28 billion, a PE ratio of 15.46 and a beta of 1.00.

First Trust Rising Dividend Achievers ETF Increases Dividend

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

About First Trust Rising Dividend Achievers ETF

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.