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

Prospera Financial Services Inc lifted its stake in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 2.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,113,908 shares of the company’s stock after buying an additional 22,989 shares during the period. First Trust Rising Dividend Achievers ETF makes up 1.3% of Prospera Financial Services Inc’s portfolio, making the stock its 9th biggest position. Prospera Financial Services Inc owned 0.39% of First Trust Rising Dividend Achievers ETF worth $77,412,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently modified their holdings of the company. Financial Perspectives Inc purchased a new stake in shares of First Trust Rising Dividend Achievers ETF in the fourth quarter worth about $26,000. Trust Co. of Vermont purchased a new stake in shares of First Trust Rising Dividend Achievers ETF in the fourth quarter worth about $27,000. United Community Bank purchased a new stake in shares of First Trust Rising Dividend Achievers ETF in the fourth quarter worth about $28,000. Cullen Frost Bankers Inc. purchased a new stake in shares of First Trust Rising Dividend Achievers ETF in the third quarter worth about $28,000. Finally, Lloyd Advisory Services LLC. purchased a new stake in shares of First Trust Rising Dividend Achievers ETF in the fourth quarter worth about $36,000.

First Trust Rising Dividend Achievers ETF Stock Performance

NASDAQ:RDVY opened at $75.24 on Friday. First Trust Rising Dividend Achievers ETF has a one year low of $59.01 and a one year high of $75.75. The business’s 50-day simple moving average is $72.01 and its 200 day simple moving average is $70.94. The stock has a market cap of $22.10 billion, a price-to-earnings ratio of 15.46 and a beta of 1.02.

First Trust Rising Dividend Achievers ETF Cuts Dividend

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

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.