101,840 Shares in First Trust Rising Dividend Achievers ETF $RDVY Bought by Ritter Daniher Financial Advisory LLC DE

Ritter Daniher Financial Advisory LLC DE acquired a new stake in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) in the 3rd quarter, Holdings Channel.com reports. The firm acquired 101,840 shares of the company’s stock, valued at approximately $6,850,000. First Trust Rising Dividend Achievers ETF accounts for 1.2% of Ritter Daniher Financial Advisory LLC DE’s investment portfolio, making the stock its 17th biggest holding.

A number of other institutional investors also recently bought and sold shares of the company. Foundations Investment Advisors LLC boosted its position in shares of First Trust Rising Dividend Achievers ETF by 15.0% in the 3rd quarter. Foundations Investment Advisors LLC now owns 319,101 shares of the company’s stock worth $21,463,000 after buying an additional 41,511 shares in the last quarter. GPS Wealth Strategies Group LLC lifted its stake in shares of First Trust Rising Dividend Achievers ETF by 2.3% during the third quarter. GPS Wealth Strategies Group LLC now owns 261,668 shares of the company’s stock valued at $17,600,000 after buying an additional 5,845 shares during the period. AE Wealth Management LLC lifted its stake in shares of First Trust Rising Dividend Achievers ETF by 33.5% during the 3rd quarter. AE Wealth Management LLC now owns 93,411 shares of the company’s stock worth $6,283,000 after purchasing an additional 23,437 shares during the period. Investor s Fiduciary Advisor Network LLC grew its holdings in First Trust Rising Dividend Achievers ETF by 28.9% in the 3rd quarter. Investor s Fiduciary Advisor Network LLC now owns 5,428 shares of the company’s stock valued at $365,000 after buying an additional 1,216 shares during the period. Finally, Crumly & Associates Inc. grew its holdings in First Trust Rising Dividend Achievers ETF by 4.4% in the third quarter. Crumly & Associates Inc. now owns 365,294 shares of the company’s stock valued at $24,570,000 after purchasing an additional 15,316 shares during the period.

First Trust Rising Dividend Achievers ETF Stock Up 0.7%

RDVY stock opened at $73.21 on Friday. The business has a fifty day simple moving average of $70.45 and a 200-day simple moving average of $67.44. First Trust Rising Dividend Achievers ETF has a 52 week low of $50.27 and a 52 week high of $73.43. The company has a market cap of $20.53 billion, a price-to-earnings ratio of 15.46 and a beta of 1.10.

First Trust Rising Dividend Achievers ETF Increases Dividend

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

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.