First Trust Rising Dividend Achievers ETF $RDVY Shares Bought by Ignite Planners LLC

Ignite Planners LLC increased its stake in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 122.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 38,362 shares of the company’s stock after acquiring an additional 21,155 shares during the period. Ignite Planners LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $2,772,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Axxcess Wealth Management LLC raised its holdings in First Trust Rising Dividend Achievers ETF by 145.3% in the fourth quarter. Axxcess Wealth Management LLC now owns 178,669 shares of the company’s stock valued at $12,412,000 after acquiring an additional 105,834 shares in the last quarter. Keystone Financial Group increased its position in shares of First Trust Rising Dividend Achievers ETF by 3.1% in the 4th quarter. Keystone Financial Group now owns 40,030 shares of the company’s stock valued at $2,781,000 after purchasing an additional 1,196 shares during the last quarter. Signature Estate & Investment Advisors LLC increased its position in shares of First Trust Rising Dividend Achievers ETF by 19.0% in the 4th quarter. Signature Estate & Investment Advisors LLC now owns 47,343 shares of the company’s stock valued at $3,289,000 after purchasing an additional 7,565 shares during the last quarter. Global Retirement Partners LLC lifted its position in shares of First Trust Rising Dividend Achievers ETF by 0.4% during the 4th quarter. Global Retirement Partners LLC now owns 181,475 shares of the company’s stock worth $12,607,000 after purchasing an additional 799 shares during the last quarter. Finally, Mach 1 Financial Group LLC acquired a new position in shares of First Trust Rising Dividend Achievers ETF during the fourth quarter worth $10,667,000.

First Trust Rising Dividend Achievers ETF Price Performance

First Trust Rising Dividend Achievers ETF stock opened at $74.79 on Friday. The stock’s fifty day moving average is $71.90 and its two-hundred day moving average is $70.91. The stock has a market cap of $21.97 billion, a PE ratio of 15.46 and a beta of 1.02. First Trust Rising Dividend Achievers ETF has a 1-year low of $59.01 and a 1-year high of $75.75.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were paid a dividend of $0.1813 per share. The ex-dividend date was Thursday, March 26th. This represents a $0.73 annualized dividend and a yield of 1.0%.

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.