J.W. Cole Advisors Inc. Has $7.33 Million Stock Holdings in First Trust Rising Dividend Achievers ETF $RDVY

J.W. Cole Advisors Inc. lifted its position in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 16.0% during the fourth quarter, HoldingsChannel.com reports. The fund owned 105,998 shares of the company’s stock after purchasing an additional 14,615 shares during the period. J.W. Cole Advisors Inc.’s holdings in First Trust Rising Dividend Achievers ETF were worth $7,334,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Balefire LLC lifted its holdings in shares of First Trust Rising Dividend Achievers ETF by 32.1% in the fourth quarter. Balefire LLC now owns 39,521 shares of the company’s stock worth $2,746,000 after buying an additional 9,594 shares in the last quarter. Ashton Thomas Private Wealth LLC lifted its holdings in shares of First Trust Rising Dividend Achievers ETF by 27.6% in the third quarter. Ashton Thomas Private Wealth LLC now owns 34,134 shares of the company’s stock worth $2,296,000 after buying an additional 7,379 shares in the last quarter. Atria Investments Inc lifted its holdings in shares of First Trust Rising Dividend Achievers ETF by 7.1% in the third quarter. Atria Investments Inc now owns 193,425 shares of the company’s stock worth $13,010,000 after buying an additional 12,843 shares in the last quarter. Cozad Asset Management Inc. lifted its holdings in shares of First Trust Rising Dividend Achievers ETF by 9.3% in the third quarter. Cozad Asset Management Inc. now owns 108,125 shares of the company’s stock worth $7,272,000 after buying an additional 9,181 shares in the last quarter. Finally, Genesis Private Wealth LLC lifted its holdings in shares of First Trust Rising Dividend Achievers ETF by 7.1% in the fourth quarter. Genesis Private Wealth LLC now owns 112,076 shares of the company’s stock worth $7,786,000 after buying an additional 7,444 shares in the last quarter.

First Trust Rising Dividend Achievers ETF Stock Performance

RDVY stock opened at $75.55 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 company’s fifty day moving average price is $73.38 and its 200-day moving average price is $71.52. The company 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 declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were paid a dividend of $0.1813 per share. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $0.73 dividend on an annualized basis and a yield of 1.0%.

First Trust Rising Dividend Achievers ETF 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.