First Trust Rising Dividend Achievers ETF $RDVY is Crumly & Associates Inc.’s 2nd Largest Position

Crumly & Associates Inc. reduced its position in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 7.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 338,770 shares of the company’s stock after selling 26,524 shares during the period. First Trust Rising Dividend Achievers ETF makes up about 4.9% of Crumly & Associates Inc.’s investment portfolio, making the stock its 2nd biggest position. Crumly & Associates Inc.’s holdings in First Trust Rising Dividend Achievers ETF were worth $23,534,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. AQR Capital Management LLC increased its position in First Trust Rising Dividend Achievers ETF by 70.2% during the first quarter. AQR Capital Management LLC now owns 31,071 shares of the company’s stock valued at $1,819,000 after acquiring an additional 12,820 shares during the last quarter. Choreo LLC lifted its holdings in First Trust Rising Dividend Achievers ETF by 11.9% in the second quarter. Choreo LLC now owns 11,026 shares of the company’s stock valued at $692,000 after acquiring an additional 1,173 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in First Trust Rising Dividend Achievers ETF by 3.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,438,734 shares of the company’s stock worth $153,006,000 after purchasing an additional 89,332 shares during the last quarter. Level Four Advisory Services LLC boosted its position in First Trust Rising Dividend Achievers ETF by 7.7% in the second quarter. Level Four Advisory Services LLC now owns 107,003 shares of the company’s stock worth $6,713,000 after purchasing an additional 7,656 shares during the last quarter. Finally, Denver Wealth Management Inc. grew its stake in shares of First Trust Rising Dividend Achievers ETF by 18.7% during the 2nd quarter. Denver Wealth Management Inc. now owns 146,810 shares of the company’s stock valued at $9,211,000 after purchasing an additional 23,180 shares during the period.

First Trust Rising Dividend Achievers ETF Stock Down 1.6%

NASDAQ RDVY opened at $66.68 on Friday. The company has a 50-day moving average price of $71.19 and a 200-day moving average price of $69.29. First Trust Rising Dividend Achievers ETF has a 52 week low of $50.27 and a 52 week high of $73.54. The firm has a market capitalization of $18.81 billion, a P/E ratio of 15.46 and a beta of 1.10.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Thursday, March 26th will be given a dividend of $0.1813 per share. This represents a $0.73 annualized dividend and a yield of 1.1%. The ex-dividend date is Thursday, March 26th.

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.