Wealth Enhancement Advisory Services LLC Buys 8,454 Shares of First Trust Rising Dividend Achievers ETF $RDVY

Wealth Enhancement Advisory Services LLC boosted its stake in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 3.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 293,601 shares of the company’s stock after purchasing an additional 8,454 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $21,254,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Genesis Private Wealth LLC boosted its stake in shares of First Trust Rising Dividend Achievers ETF by 7.1% in the 4th quarter. Genesis Private Wealth LLC now owns 112,076 shares of the company’s stock valued at $7,786,000 after purchasing an additional 7,444 shares in the last quarter. GSG Advisors LLC increased its position in shares of First Trust Rising Dividend Achievers ETF by 3.0% during the 4th quarter. GSG Advisors LLC now owns 177,202 shares of the company’s stock worth $12,310,000 after purchasing an additional 5,142 shares in the last quarter. Sovereign Financial Group Inc. lifted its holdings in First Trust Rising Dividend Achievers ETF by 0.4% during the 4th quarter. Sovereign Financial Group Inc. now owns 130,541 shares of the company’s stock valued at $9,069,000 after purchasing an additional 458 shares during the last quarter. Lynch & Associates IN boosted its position in First Trust Rising Dividend Achievers ETF by 5.4% in the fourth quarter. Lynch & Associates IN now owns 19,265 shares of the company’s stock valued at $1,338,000 after buying an additional 981 shares in the last quarter. Finally, Holistic Financial Partners acquired a new position in First Trust Rising Dividend Achievers ETF in the fourth quarter valued at about $3,068,000.

First Trust Rising Dividend Achievers ETF Trading Up 0.2%

NASDAQ:RDVY opened at $69.27 on Wednesday. The stock has a market capitalization of $19.54 billion, a P/E ratio of 15.46 and a beta of 1.10. First Trust Rising Dividend Achievers ETF has a 1 year low of $50.27 and a 1 year high of $73.54. The firm has a 50 day moving average of $71.47 and a 200-day moving average of $69.29.

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.