First Trust Rising Dividend Achievers ETF $RDVY Shares Purchased by WCG Wealth Advisors LLC

WCG Wealth Advisors LLC raised its position in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 201.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 51,967 shares of the company’s stock after acquiring an additional 34,727 shares during the quarter. WCG Wealth Advisors LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $3,610,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the company. Financial Perspectives Inc acquired a new stake in First Trust Rising Dividend Achievers ETF during the 4th quarter valued at $26,000. Huntington National Bank lifted its holdings in First Trust Rising Dividend Achievers ETF by 37,000.0% in the 4th quarter. Huntington National Bank now owns 371 shares of the company’s stock worth $26,000 after buying an additional 370 shares in the last quarter. Trust Co. of Vermont acquired a new position in First Trust Rising Dividend Achievers ETF in the 4th quarter worth $27,000. United Community Bank purchased a new position in First Trust Rising Dividend Achievers ETF in the 4th quarter valued at about $28,000. Finally, Lloyd Advisory Services LLC. purchased a new position in First Trust Rising Dividend Achievers ETF in the 4th quarter valued at about $36,000.

First Trust Rising Dividend Achievers ETF Stock Performance

NASDAQ:RDVY opened at $76.95 on Friday. First Trust Rising Dividend Achievers ETF has a one year low of $60.30 and a one year high of $77.12. The business’s 50-day simple moving average is $73.25 and its 200 day simple moving average is $71.50. The stock has a market cap of $22.60 billion, a price-to-earnings ratio of 15.46 and a beta of 1.01.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were paid a dividend of $0.1813 per share. This represents a $0.73 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Thursday, March 26th.

About First Trust Rising Dividend Achievers ETF

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.