O Connor Financial Group LLC bought a new stake in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY – Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 152,752 shares of the company’s stock, valued at approximately $10,958,000. First Trust Rising Dividend Achievers ETF makes up 4.4% of O Connor Financial Group LLC’s portfolio, making the stock its 9th biggest position.
Other hedge funds and other institutional investors have also made changes to their positions in the company. First Horizon Corp purchased a new stake in First Trust Rising Dividend Achievers ETF during the 3rd quarter worth $25,000. Trust Co. of Vermont purchased a new stake in First Trust Rising Dividend Achievers ETF during the 4th quarter worth $27,000. Cullen Frost Bankers Inc. purchased a new stake in First Trust Rising Dividend Achievers ETF during the 3rd quarter worth $28,000. Mather Group LLC. purchased a new stake in First Trust Rising Dividend Achievers ETF during the 3rd quarter worth $31,000. Finally, Pin Oak Investment Advisors Inc. purchased a new stake in First Trust Rising Dividend Achievers ETF during the 3rd quarter worth $38,000.
First Trust Rising Dividend Achievers ETF Price Performance
First Trust Rising Dividend Achievers ETF stock opened at $73.16 on Friday. First Trust Rising Dividend Achievers ETF has a 12-month low of $52.88 and a 12-month high of $73.57. The company has a market capitalization of $21.33 billion, a price-to-earnings ratio of 15.46 and a beta of 1.03. The firm’s fifty day moving average price is $70.76 and its 200 day moving average price is $69.69.
First Trust Rising Dividend Achievers ETF Cuts Dividend
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.
Further Reading
Want to see what other hedge funds are holding RDVY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY – Free Report).
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