First Trust Rising Dividend Achievers ETF $RDVY Shares Purchased by Silver Oak Securities Incorporated

Silver Oak Securities Incorporated grew its position in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 27.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 330,678 shares of the company’s stock after acquiring an additional 72,172 shares during the quarter. First Trust Rising Dividend Achievers ETF comprises 1.6% of Silver Oak Securities Incorporated’s holdings, making the stock its 7th largest holding. Silver Oak Securities Incorporated owned 0.12% of First Trust Rising Dividend Achievers ETF worth $23,200,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Balefire LLC increased its position in shares of First Trust Rising Dividend Achievers ETF by 32.1% during the fourth quarter. Balefire LLC now owns 39,521 shares of the company’s stock worth $2,746,000 after acquiring an additional 9,594 shares in the last quarter. Ashton Thomas Private Wealth LLC lifted its position in First Trust Rising Dividend Achievers ETF by 27.6% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 34,134 shares of the company’s stock valued at $2,296,000 after acquiring an additional 7,379 shares in the last quarter. Atria Investments Inc lifted its position in First Trust Rising Dividend Achievers ETF by 7.1% in the 3rd quarter. Atria Investments Inc now owns 193,425 shares of the company’s stock valued at $13,010,000 after acquiring an additional 12,843 shares in the last quarter. Cozad Asset Management Inc. boosted its stake in First Trust Rising Dividend Achievers ETF by 9.3% during the 3rd quarter. Cozad Asset Management Inc. now owns 108,125 shares of the company’s stock valued at $7,272,000 after purchasing an additional 9,181 shares during the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. boosted its stake in First Trust Rising Dividend Achievers ETF by 15.9% during the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 80,000 shares of the company’s stock valued at $5,381,000 after purchasing an additional 11,000 shares during the last quarter.

First Trust Rising Dividend Achievers ETF Stock Down 0.4%

Shares of First Trust Rising Dividend Achievers ETF stock opened at $66.42 on Tuesday. First Trust Rising Dividend Achievers ETF has a 52 week low of $50.27 and a 52 week high of $73.54. The business has a 50 day moving average price of $71.07 and a 200-day moving average price of $69.33. The company has a market cap of $18.74 billion, a PE ratio of 15.46 and a beta of 1.10.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Thursday, March 26th will be given a $0.1813 dividend. This represents a $0.73 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Thursday, March 26th.

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.