Titleist Asset Management LLC Buys 13,964 Shares of First Trust Rising Dividend Achievers ETF $RDVY

Titleist Asset Management LLC boosted its stake in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 17.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 92,411 shares of the company’s stock after buying an additional 13,964 shares during the period. Titleist Asset Management LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $7,235,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Whalen Wealth Management Inc. acquired a new stake in shares of First Trust Rising Dividend Achievers ETF in the third quarter valued at approximately $410,000. Rhodes Investment Advisors Inc. ADV grew its holdings in First Trust Rising Dividend Achievers ETF by 17.3% in the 3rd quarter. Rhodes Investment Advisors Inc. ADV now owns 32,254 shares of the company’s stock worth $2,525,000 after buying an additional 4,750 shares in the last quarter. Crumly & Associates Inc. increased its position in First Trust Rising Dividend Achievers ETF by 7.3% in the 3rd quarter. Crumly & Associates Inc. now owns 346,312 shares of the company’s stock valued at $27,113,000 after acquiring an additional 23,535 shares during the period. RVW Wealth LLC raised its stake in First Trust Rising Dividend Achievers ETF by 1.6% during the 3rd quarter. RVW Wealth LLC now owns 596,440 shares of the company’s stock valued at $46,695,000 after acquiring an additional 9,534 shares in the last quarter. Finally, Rosenberg Matthew Hamilton acquired a new position in First Trust Rising Dividend Achievers ETF during the 3rd quarter worth $43,000.

First Trust Rising Dividend Achievers ETF Price Performance

Shares of RDVY traded up $0.24 during trading hours on Thursday, reaching $79.11. 794,199 shares of the company’s stock traded hands, compared to its average volume of 1,285,964. First Trust Rising Dividend Achievers ETF has a twelve month low of $64.97 and a twelve month high of $84.02. The business’s fifty day simple moving average is $81.12 and its two-hundred day simple moving average is $77.61. The firm has a market capitalization of $25.18 billion, a price-to-earnings ratio of 15.46 and a beta of 1.00.

First Trust Rising Dividend Achievers ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were given a $0.1521 dividend. This represents a $0.61 annualized dividend and a yield of 0.8%. This is a positive change from First Trust Rising Dividend Achievers ETF’s previous quarterly dividend of $0.1474. The ex-dividend date was Thursday, September 24th.

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.