First Trust Rising Dividend Achievers ETF $RDVY is Prospera Financial Services Inc’s 9th Largest Position

Prospera Financial Services Inc increased its holdings in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 2.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,090,919 shares of the company’s stock after acquiring an additional 30,778 shares during the period. First Trust Rising Dividend Achievers ETF makes up 1.3% of Prospera Financial Services Inc’s investment portfolio, making the stock its 9th largest holding. Prospera Financial Services Inc owned about 0.42% of First Trust Rising Dividend Achievers ETF worth $73,405,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in RDVY. Ashton Thomas Private Wealth LLC lifted its stake in shares of First Trust Rising Dividend Achievers ETF by 27.6% in the third quarter. Ashton Thomas Private Wealth LLC now owns 34,134 shares of the company’s stock worth $2,296,000 after buying an additional 7,379 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. increased its position in shares of First Trust Rising Dividend Achievers ETF by 15.9% during the third quarter. Harel Insurance Investments & Financial Services Ltd. now owns 80,000 shares of the company’s stock valued at $5,381,000 after acquiring an additional 11,000 shares in the last quarter. BankPlus Wealth Management LLC raised its holdings in First Trust Rising Dividend Achievers ETF by 35.6% in the 3rd quarter. BankPlus Wealth Management LLC now owns 37,597 shares of the company’s stock worth $2,529,000 after acquiring an additional 9,866 shares during the last quarter. Forefront Wealth Partners LLC bought a new position in First Trust Rising Dividend Achievers ETF in the 3rd quarter valued at approximately $2,859,000. Finally, Total Clarity Wealth Management Inc. lifted its position in First Trust Rising Dividend Achievers ETF by 6.0% in the 2nd quarter. Total Clarity Wealth Management Inc. now owns 102,900 shares of the company’s stock valued at $6,456,000 after acquiring an additional 5,787 shares in the last quarter.

First Trust Rising Dividend Achievers ETF Trading Down 0.3%

First Trust Rising Dividend Achievers ETF stock opened at $72.83 on Tuesday. The firm has a market cap of $20.55 billion, a price-to-earnings ratio of 15.46 and a beta of 1.10. The stock has a fifty day simple moving average of $71.12 and a two-hundred day simple moving average of $67.95. First Trust Rising Dividend Achievers ETF has a 12 month low of $50.27 and a 12 month high of $73.43.

First Trust Rising Dividend Achievers ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were issued a $0.1996 dividend. This represents a $0.80 annualized dividend and a yield of 1.1%. The ex-dividend date was Friday, December 12th. This is a positive change from First Trust Rising Dividend Achievers ETF’s previous quarterly dividend of $0.15.

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.