Rockefeller Capital Management L.P. Increases Stake in First Trust Rising Dividend Achievers ETF $RDVY

Rockefeller Capital Management L.P. lifted its position in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 126.1% in the 4th quarter, Holdings Channel.com reports. The fund owned 951,998 shares of the company’s stock after acquiring an additional 530,990 shares during the period. Rockefeller Capital Management L.P.’s holdings in First Trust Rising Dividend Achievers ETF were worth $66,135,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. LPL Financial LLC grew its position in First Trust Rising Dividend Achievers ETF by 10.5% in the 4th 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. Wells Fargo & Company MN boosted its stake in shares of First Trust Rising Dividend Achievers ETF by 10.6% during the fourth 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 period. Ameriprise Financial Inc. boosted its stake in shares of First Trust Rising Dividend Achievers ETF by 15.7% during the second 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 period. Morgan Stanley grew its holdings in shares of First Trust Rising Dividend Achievers ETF by 4.9% in the fourth 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 last quarter. Finally, JPMorgan Chase & Co. boosted its position in First Trust Rising Dividend Achievers ETF by 74.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,707,049 shares of the company’s stock valued at $114,816,000 after buying an additional 725,742 shares during the period.

First Trust Rising Dividend Achievers ETF Stock Performance

Shares of NASDAQ:RDVY opened at $79.15 on Friday. The firm’s 50 day simple moving average is $75.24 and its 200-day simple moving average is $72.31. First Trust Rising Dividend Achievers ETF has a one year low of $60.30 and a one year high of $80.05. The firm has a market cap of $23.25 billion, a PE ratio of 15.46 and a beta of 1.01.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were issued a $0.1813 dividend. This represents a $0.73 annualized dividend and a dividend yield of 0.9%. The ex-dividend date was Thursday, March 26th.

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.