First Trust Rising Dividend Achievers ETF $RDVY Stock: Signature Equity Partners LLC Increases Position

Signature Equity Partners LLC boosted its stake in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 2,114.0% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 24,885 shares of the company’s stock after buying an additional 23,761 shares during the quarter. First Trust Rising Dividend Achievers ETF makes up approximately 0.7% of Signature Equity Partners LLC’s portfolio, making the stock its 24th largest holding. Signature Equity Partners LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $1,948,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Summit Wealth Group LLC Co. grew its position in shares of First Trust Rising Dividend Achievers ETF by 1.1% in the third quarter. Summit Wealth Group LLC Co. now owns 218,990 shares of the company’s stock valued at $17,145,000 after purchasing an additional 2,432 shares in the last quarter. Certified Advisory Corp boosted its stake in shares of First Trust Rising Dividend Achievers ETF by 14.0% in the 3rd quarter. Certified Advisory Corp now owns 132,069 shares of the company’s stock valued at $10,340,000 after purchasing an additional 16,234 shares in the last quarter. Vise Technologies Inc. grew its position in First Trust Rising Dividend Achievers ETF by 4.7% during the 3rd quarter. Vise Technologies Inc. now owns 155,228 shares of the company’s stock worth $12,153,000 after acquiring an additional 7,025 shares during the last quarter. AJ Advisors LLC increased its position in shares of First Trust Rising Dividend Achievers ETF by 4.6% in the third quarter. AJ Advisors LLC now owns 189,049 shares of the company’s stock valued at $14,801,000 after acquiring an additional 8,339 shares during the period. Finally, Intrua Financial LLC raised its holdings in shares of First Trust Rising Dividend Achievers ETF by 2.9% during the third quarter. Intrua Financial LLC now owns 30,136 shares of the company’s stock valued at $2,359,000 after acquiring an additional 852 shares in the last quarter.

First Trust Rising Dividend Achievers ETF Price Performance

Shares of RDVY opened at $79.80 on Tuesday. First Trust Rising Dividend Achievers ETF has a one year low of $64.99 and a one year high of $84.02. The firm has a market capitalization of $25.61 billion, a PE ratio of 15.46 and a beta of 1.00. The company has a 50-day simple moving average of $79.95 and a two-hundred day simple moving average of $76.44.

First Trust Rising Dividend Achievers ETF Increases Dividend

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

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.