Continuum Advisory LLC Acquires 7,463 Shares of First Trust Rising Dividend Achievers ETF $RDVY

Continuum Advisory LLC lifted its holdings in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 55.9% during the 4th quarter, Holdings Channel.com reports. The firm owned 20,817 shares of the company’s stock after purchasing an additional 7,463 shares during the period. Continuum Advisory LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $1,446,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the business. Huntington National Bank lifted its stake in shares of First Trust Rising Dividend Achievers ETF by 37,000.0% during the fourth quarter. Huntington National Bank now owns 371 shares of the company’s stock valued at $26,000 after acquiring an additional 370 shares during the period. Financial Perspectives Inc acquired a new position in shares of First Trust Rising Dividend Achievers ETF during the fourth quarter valued at $26,000. Trust Co. of Vermont acquired a new position in shares of First Trust Rising Dividend Achievers ETF during the fourth quarter valued at $27,000. United Community Bank acquired a new position in shares of First Trust Rising Dividend Achievers ETF during the fourth quarter valued at $28,000. Finally, Lloyd Advisory Services LLC. bought a new position in First Trust Rising Dividend Achievers ETF in the fourth quarter valued at approximately $36,000.

First Trust Rising Dividend Achievers ETF Stock Performance

RDVY opened at $75.55 on Friday. The company has a fifty day moving average price of $73.38 and a two-hundred day moving average price of $71.52. First Trust Rising Dividend Achievers ETF has a 52 week low of $60.30 and a 52 week high of $77.12. The firm has a market capitalization of $22.19 billion, a PE ratio of 15.46 and a beta of 1.01.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were issued a dividend of $0.1813 per share. This represents a $0.73 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend was Thursday, March 26th.

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.