Ethos Financial Group LLC Sells 23,024 Shares of First Trust Rising Dividend Achievers ETF $RDVY

Ethos Financial Group LLC lessened its holdings in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 15.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 124,965 shares of the company’s stock after selling 23,024 shares during the period. Ethos Financial Group LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $8,405,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Ameriprise Financial Inc. raised its position in First Trust Rising Dividend Achievers ETF by 15.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 7,074,097 shares of the company’s stock worth $442,526,000 after purchasing an additional 957,587 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in shares of First Trust Rising Dividend Achievers ETF by 26.5% in the second quarter. Envestnet Asset Management Inc. now owns 4,328,699 shares of the company’s stock valued at $271,583,000 after buying an additional 907,673 shares during the period. Truist Financial Corp raised its position in shares of First Trust Rising Dividend Achievers ETF by 44.3% during the second quarter. Truist Financial Corp now owns 1,403,926 shares of the company’s stock worth $88,082,000 after acquiring an additional 430,935 shares during the last quarter. Jones Financial Companies Lllp lifted its stake in shares of First Trust Rising Dividend Achievers ETF by 61.4% in the first quarter. Jones Financial Companies Lllp now owns 688,084 shares of the company’s stock worth $39,929,000 after acquiring an additional 261,781 shares during the period. Finally, Bank of America Corp DE boosted its holdings in First Trust Rising Dividend Achievers ETF by 4.1% in the second quarter. Bank of America Corp DE now owns 6,537,057 shares of the company’s stock valued at $410,135,000 after acquiring an additional 258,172 shares during the last quarter.

First Trust Rising Dividend Achievers ETF Stock Performance

NASDAQ:RDVY opened at $71.64 on Thursday. First Trust Rising Dividend Achievers ETF has a fifty-two week low of $50.27 and a fifty-two week high of $72.45. The company has a 50 day simple moving average of $68.72 and a two-hundred day simple moving average of $66.40. The company has a market capitalization of $19.67 billion, a PE ratio of 15.46 and a beta of 1.10.

First Trust Rising Dividend Achievers ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were given a dividend of $0.1996 per share. This represents a $0.80 annualized dividend and a dividend yield of 1.1%. This is a boost from First Trust Rising Dividend Achievers ETF’s previous quarterly dividend of $0.15. The ex-dividend date was Friday, December 12th.

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.