Howard Financial Services LTD. Has $16.91 Million Stock Holdings in First Trust Rising Dividend Achievers ETF $RDVY

Howard Financial Services LTD. raised its stake in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 6.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 243,410 shares of the company’s stock after purchasing an additional 14,444 shares during the quarter. First Trust Rising Dividend Achievers ETF makes up about 2.0% of Howard Financial Services LTD.’s portfolio, making the stock its 17th biggest holding. Howard Financial Services LTD. owned 0.09% of First Trust Rising Dividend Achievers ETF worth $16,910,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Confluence Wealth Services Inc. boosted its holdings in shares of First Trust Rising Dividend Achievers ETF by 1.2% in the 3rd quarter. Confluence Wealth Services Inc. now owns 12,638 shares of the company’s stock valued at $850,000 after buying an additional 153 shares during the last quarter. Allworth Financial LP increased its holdings in First Trust Rising Dividend Achievers ETF by 0.3% during the third quarter. Allworth Financial LP now owns 59,767 shares of the company’s stock worth $4,020,000 after buying an additional 159 shares during the last quarter. Howard Bailey Securities LLC raised its position in First Trust Rising Dividend Achievers ETF by 4.6% during the third quarter. Howard Bailey Securities LLC now owns 3,673 shares of the company’s stock worth $247,000 after acquiring an additional 160 shares in the last quarter. Insigneo Advisory Services LLC raised its position in First Trust Rising Dividend Achievers ETF by 0.8% during the third quarter. Insigneo Advisory Services LLC now owns 19,956 shares of the company’s stock worth $1,342,000 after acquiring an additional 163 shares in the last quarter. Finally, Proactive Wealth Strategies LLC lifted its stake in First Trust Rising Dividend Achievers ETF by 0.3% in the third quarter. Proactive Wealth Strategies LLC now owns 64,148 shares of the company’s stock valued at $4,315,000 after acquiring an additional 174 shares during the last quarter.

First Trust Rising Dividend Achievers ETF Price Performance

Shares of RDVY stock opened at $69.27 on Wednesday. The company has a fifty day moving average price of $71.47 and a two-hundred day moving average price of $69.29. First Trust Rising Dividend Achievers ETF has a one year low of $50.27 and a one year high of $73.54. The stock has a market cap of $19.54 billion, a P/E ratio of 15.46 and a beta of 1.10.

About First Trust Rising Dividend Achievers ETF

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.