127,443 Shares in First Trust Rising Dividend Achievers ETF $RDVY Acquired by Gaddis Premier Wealth Advisors LLC

Gaddis Premier Wealth Advisors LLC bought a new position in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 127,443 shares of the company’s stock, valued at approximately $8,853,000. First Trust Rising Dividend Achievers ETF makes up approximately 6.7% of Gaddis Premier Wealth Advisors LLC’s investment portfolio, making the stock its 4th largest holding.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in RDVY. AQR Capital Management LLC increased its holdings in shares of First Trust Rising Dividend Achievers ETF by 70.2% in the first quarter. AQR Capital Management LLC now owns 31,071 shares of the company’s stock valued at $1,819,000 after buying an additional 12,820 shares in the last quarter. First Trust Advisors LP increased its holdings in shares of First Trust Rising Dividend Achievers ETF by 104.0% in the second quarter. First Trust Advisors LP now owns 23,934 shares of the company’s stock valued at $1,502,000 after buying an additional 12,204 shares in the last quarter. Cerity Partners LLC increased its holdings in shares of First Trust Rising Dividend Achievers ETF by 38.1% in the second quarter. Cerity Partners LLC now owns 5,657 shares of the company’s stock valued at $355,000 after buying an additional 1,561 shares in the last quarter. Betterment LLC increased its holdings in shares of First Trust Rising Dividend Achievers ETF by 19.4% in the second quarter. Betterment LLC now owns 48,475 shares of the company’s stock valued at $3,041,000 after buying an additional 7,892 shares in the last quarter. Finally, Darwin Wealth Management LLC bought a new position in shares of First Trust Rising Dividend Achievers ETF in the second quarter valued at $1,433,000.

First Trust Rising Dividend Achievers ETF Stock Performance

NASDAQ RDVY opened at $76.03 on Tuesday. The stock has a market capitalization of $22.33 billion, a P/E ratio of 15.46 and a beta of 1.01. First Trust Rising Dividend Achievers ETF has a 1 year low of $60.30 and a 1 year high of $77.12. The business’s fifty day moving average is $73.54 and its two-hundred day moving average is $71.64.

First Trust Rising Dividend Achievers ETF Cuts Dividend

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

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.