First Trust Rising Dividend Achievers ETF $RDVY Shares Acquired by Centaurus Financial Inc.

Centaurus Financial Inc. raised its stake in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 187.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 23,137 shares of the company’s stock after buying an additional 15,098 shares during the quarter. Centaurus Financial Inc.’s holdings in First Trust Rising Dividend Achievers ETF were worth $1,580,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. LPL Financial LLC increased its position in shares of First Trust Rising Dividend Achievers ETF by 10.5% during the fourth quarter. LPL Financial LLC now owns 30,504,116 shares of the company’s stock valued at $2,119,121,000 after acquiring an additional 2,907,770 shares during the last quarter. Morgan Stanley boosted its position in shares of First Trust Rising Dividend Achievers ETF by 4.9% during the 4th quarter. Morgan Stanley now owns 20,152,942 shares of the company’s stock worth $1,400,025,000 after purchasing an additional 940,590 shares during the period. Raymond James Financial Inc. boosted its position in shares of First Trust Rising Dividend Achievers ETF by 2.2% during the 4th quarter. Raymond James Financial Inc. now owns 11,285,710 shares of the company’s stock worth $784,018,000 after purchasing an additional 243,585 shares during the period. Wells Fargo & Company MN increased its holdings in First Trust Rising Dividend Achievers ETF by 10.6% in the 4th quarter. Wells Fargo & Company MN now owns 11,276,215 shares of the company’s stock valued at $783,359,000 after purchasing an additional 1,076,558 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in First Trust Rising Dividend Achievers ETF by 15.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 7,074,097 shares of the company’s stock valued at $442,526,000 after purchasing an additional 957,587 shares during the last quarter.

First Trust Rising Dividend Achievers ETF Stock Up 0.4%

Shares of NASDAQ RDVY opened at $81.09 on Friday. The business’s 50 day moving average is $78.78 and its two-hundred day moving average is $74.39. First Trust Rising Dividend Achievers ETF has a 52-week low of $62.02 and a 52-week high of $81.46. The firm has a market cap of $24.82 billion, a price-to-earnings ratio of 15.46 and a beta of 1.00.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were paid a $0.1474 dividend. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $0.59 dividend on an annualized basis and a dividend yield of 0.7%.

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.