Hobart Private Capital LLC Sells 88,006 Shares of First Trust Rising Dividend Achievers ETF $RDVY

Posted by Caroline Horne on Aug 4th, 2026

Hobart Private Capital LLC lessened its holdings in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY – Free Report) by 17.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 428,601 shares of the company’s stock after selling 88,006 shares during the period. First Trust Rising Dividend Achievers ETF comprises about 6.0% of Hobart Private Capital LLC’s portfolio, making the stock its 2nd largest holding. Hobart Private Capital LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $34,742,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Basepoint Wealth LLC raised its stake in shares of First Trust Rising Dividend Achievers ETF by 4.5% during the 1st quarter. Basepoint Wealth LLC now owns 3,187 shares of the company’s stock worth $218,000 after buying an additional 136 shares during the period. Retirement Planning Group LLC increased its holdings in First Trust Rising Dividend Achievers ETF by 1.8% in the 1st quarter. Retirement Planning Group LLC now owns 8,013 shares of the company’s stock worth $547,000 after acquiring an additional 138 shares in the last quarter. MBE Wealth Management LLC raised its position in First Trust Rising Dividend Achievers ETF by 2.7% during the first quarter. MBE Wealth Management LLC now owns 6,798 shares of the company’s stock worth $464,000 after acquiring an additional 179 shares during the period. Castleview Partners LLC raised its position in First Trust Rising Dividend Achievers ETF by 2.8% during the first quarter. Castleview Partners LLC now owns 6,898 shares of the company’s stock worth $471,000 after acquiring an additional 189 shares during the period. Finally, Acorn Wealth Advisors LLC lifted its holdings in First Trust Rising Dividend Achievers ETF by 3.7% during the fourth quarter. Acorn Wealth Advisors LLC now owns 5,481 shares of the company’s stock valued at $381,000 after purchasing an additional 197 shares in the last quarter.

First Trust Rising Dividend Achievers ETF Stock Up 0.8%

RDVY opened at $81.75 on Tuesday. The firm’s fifty day simple moving average is $78.91 and its two-hundred day simple moving average is $74.47. First Trust Rising Dividend Achievers ETF has a 52-week low of $62.90 and a 52-week high of $81.82. The company has a market cap of $25.04 billion, a price-to-earnings ratio of 15.46 and a beta of 1.00.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were given a dividend of $0.1474 per share. This represents a $0.59 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Thursday, June 25th.

First Trust Rising Dividend Achievers ETF Profile

(Free Report)

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.