RFG Advisory LLC Has $15.80 Million Stake in First Trust Rising Dividend Achievers ETF $RDVY

RFG Advisory LLC lifted its stake in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 248.1% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 231,424 shares of the company’s stock after purchasing an additional 164,937 shares during the period. RFG Advisory LLC owned 0.08% of First Trust Rising Dividend Achievers ETF worth $15,802,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of RDVY. LPL Financial LLC lifted its holdings in First Trust Rising Dividend Achievers ETF by 10.5% during the 4th quarter. LPL Financial LLC now owns 30,504,116 shares of the company’s stock worth $2,119,121,000 after buying an additional 2,907,770 shares in the last quarter. Morgan Stanley increased its stake in shares of First Trust Rising Dividend Achievers ETF by 4.9% in the 4th quarter. Morgan Stanley now owns 20,152,942 shares of the company’s stock valued at $1,400,025,000 after buying an additional 940,590 shares during the period. Raymond James Financial Inc. raised its position in shares of First Trust Rising Dividend Achievers ETF by 2.2% during the fourth quarter. Raymond James Financial Inc. now owns 11,285,710 shares of the company’s stock worth $784,018,000 after acquiring an additional 243,585 shares during the last quarter. Wells Fargo & Company MN raised its position 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 worth $783,359,000 after acquiring an additional 1,076,558 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its stake in shares of First Trust Rising Dividend Achievers ETF by 10.1% during the third quarter. Ameriprise Financial Inc. now owns 7,790,897 shares of the company’s stock valued at $523,914,000 after acquiring an additional 716,800 shares during the period.

First Trust Rising Dividend Achievers ETF Stock Up 0.4%

First Trust Rising Dividend Achievers ETF stock opened at $78.89 on Thursday. The business’s 50-day simple moving average is $75.63 and its 200 day simple moving average is $72.55. The stock has a market cap of $23.17 billion, a price-to-earnings ratio of 15.46 and a beta of 1.01. First Trust Rising Dividend Achievers ETF has a 12-month low of $61.52 and a 12-month high of $80.05.

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.