First Trust Rising Dividend Achievers ETF $RDVY Stock Acquired by Fairvoy Private Wealth LLC

Fairvoy Private Wealth LLC boosted its position in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 20.3% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 90,109 shares of the company’s stock after purchasing an additional 15,234 shares during the period. First Trust Rising Dividend Achievers ETF accounts for about 1.4% of Fairvoy Private Wealth LLC’s portfolio, making the stock its 18th biggest holding. Fairvoy Private Wealth LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $7,055,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Elevation Point Wealth Partners LLC grew its holdings in shares of First Trust Rising Dividend Achievers ETF by 1,520.4% during the first quarter. Elevation Point Wealth Partners LLC now owns 722,842 shares of the company’s stock worth $49,356,000 after purchasing an additional 678,232 shares during the last quarter. Rockefeller Capital Management L.P. raised its holdings in First Trust Rising Dividend Achievers ETF by 126.1% in the 4th quarter. Rockefeller Capital Management L.P. now owns 951,998 shares of the company’s stock valued at $66,135,000 after buying an additional 530,990 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in First Trust Rising Dividend Achievers ETF by 12.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,492,637 shares of the company’s stock valued at $283,113,000 after buying an additional 379,961 shares during the last quarter. Royal Bank of Canada boosted its position in First Trust Rising Dividend Achievers ETF by 6.5% during the 1st quarter. Royal Bank of Canada now owns 5,030,578 shares of the company’s stock worth $343,487,000 after buying an additional 307,823 shares during the period. Finally, Cetera Investment Advisers boosted its position in First Trust Rising Dividend Achievers ETF by 8.0% during the 1st quarter. Cetera Investment Advisers now owns 4,044,145 shares of the company’s stock worth $276,134,000 after buying an additional 299,620 shares during the period.

First Trust Rising Dividend Achievers ETF Trading Down 0.0%

RDVY traded down $0.03 during trading on Monday, reaching $79.34. 1,578,271 shares of the company’s stock were exchanged, compared to its average volume of 1,283,853. First Trust Rising Dividend Achievers ETF has a one year low of $64.99 and a one year high of $84.02. The stock has a market capitalization of $25.41 billion, a PE ratio of 15.46 and a beta of 1.00. The firm has a fifty day moving average price of $80.71 and a two-hundred day moving average price of $78.17.

First Trust Rising Dividend Achievers ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th were paid a dividend of $0.1521 per share. 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. This represents a $0.61 annualized dividend and a dividend yield of 0.8%.

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.