Csenge Advisory Group Sells 67,202 Shares of First Trust Rising Dividend Achievers ETF $RDVY

Csenge Advisory Group trimmed its position in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 6.3% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 999,638 shares of the company’s stock after selling 67,202 shares during the quarter. First Trust Rising Dividend Achievers ETF accounts for about 3.0% of Csenge Advisory Group’s holdings, making the stock its 6th largest holding. Csenge Advisory Group’s holdings in First Trust Rising Dividend Achievers ETF were worth $78,262,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of RDVY. Allspring Global Investments Holdings LLC lifted its position in First Trust Rising Dividend Achievers ETF by 255.3% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 533 shares of the company’s stock worth $42,000 after buying an additional 383 shares during the last quarter. Beam Wealth Advisors Inc. raised its stake in shares of First Trust Rising Dividend Achievers ETF by 3.5% during the third quarter. Beam Wealth Advisors Inc. now owns 10,950 shares of the company’s stock worth $857,000 after acquiring an additional 372 shares in the last quarter. Formidable Asset Management LLC raised its stake in shares of First Trust Rising Dividend Achievers ETF by 11.9% during the third quarter. Formidable Asset Management LLC now owns 5,187 shares of the company’s stock worth $420,000 after acquiring an additional 550 shares in the last quarter. American Institute for Advanced Investment Management LLP raised its stake in shares of First Trust Rising Dividend Achievers ETF by 77.5% during the third quarter. American Institute for Advanced Investment Management LLP now owns 4,751 shares of the company’s stock worth $372,000 after acquiring an additional 2,075 shares in the last quarter. Finally, Parallel Advisors LLC lifted its holdings in shares of First Trust Rising Dividend Achievers ETF by 17.6% in the 3rd quarter. Parallel Advisors LLC now owns 25,933 shares of the company’s stock worth $2,030,000 after acquiring an additional 3,884 shares during the last quarter.

First Trust Rising Dividend Achievers ETF Stock Performance

Shares of RDVY opened at $79.36 on Wednesday. The firm has a market cap of $25.58 billion, a price-to-earnings ratio of 15.82 and a beta of 1.02. First Trust Rising Dividend Achievers ETF has a fifty-two week low of $64.99 and a fifty-two week high of $84.02. The firm has a 50 day moving average price of $79.60 and a 200-day moving average price of $76.65.

First Trust Rising Dividend Achievers ETF Increases Dividend

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

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.