Legacy Wealth Managment LLC ID Has $2.82 Million Holdings in First Trust Rising Dividend Achievers ETF $RDVY

Legacy Wealth Managment LLC ID lifted its stake in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 58.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 40,654 shares of the company’s stock after buying an additional 14,950 shares during the period. First Trust Rising Dividend Achievers ETF comprises about 1.4% of Legacy Wealth Managment LLC ID’s holdings, making the stock its 16th largest position. Legacy Wealth Managment LLC ID’s holdings in First Trust Rising Dividend Achievers ETF were worth $2,824,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. First Horizon Corp purchased a new position in First Trust Rising Dividend Achievers ETF in the third quarter worth $25,000. Financial Perspectives Inc bought a new stake in shares of First Trust Rising Dividend Achievers ETF during the 4th quarter valued at $26,000. Trust Co. of Vermont bought a new stake in shares of First Trust Rising Dividend Achievers ETF during the 4th quarter valued at $27,000. United Community Bank bought a new stake in shares of First Trust Rising Dividend Achievers ETF during the 4th quarter valued at $28,000. Finally, Cullen Frost Bankers Inc. bought a new stake in shares of First Trust Rising Dividend Achievers ETF during the 3rd quarter valued at $28,000.

First Trust Rising Dividend Achievers ETF Stock Up 0.3%

NASDAQ:RDVY opened at $74.59 on Friday. The business’s 50-day moving average price is $71.35 and its two-hundred day moving average price is $70.45. First Trust Rising Dividend Achievers ETF has a twelve month low of $58.58 and a twelve month high of $75.75. The stock has a market cap of $21.91 billion, a P/E ratio of 15.46 and a beta of 1.02.

First Trust Rising Dividend Achievers ETF Cuts Dividend

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

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.