First Trust Rising Dividend Achievers ETF $RDVY Shares Acquired by Natixis Advisors LLC

Natixis Advisors LLC grew its stake in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 157.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,501 shares of the company’s stock after acquiring an additional 23,564 shares during the period. Natixis Advisors LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $2,675,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in RDVY. Ameriprise Financial Inc. grew its holdings 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 acquiring an additional 957,587 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in First Trust Rising Dividend Achievers ETF by 74.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,707,049 shares of the company’s stock worth $114,816,000 after acquiring an additional 725,742 shares in the last quarter. UBS Group AG grew its holdings in First Trust Rising Dividend Achievers ETF by 12.2% during the 3rd quarter. UBS Group AG now owns 5,740,264 shares of the company’s stock worth $386,090,000 after acquiring an additional 624,936 shares in the last quarter. Prudential PLC acquired a new position in First Trust Rising Dividend Achievers ETF during the 3rd quarter worth $32,762,000. Finally, BNP Paribas Financial Markets grew its holdings in First Trust Rising Dividend Achievers ETF by 640.9% during the 4th quarter. BNP Paribas Financial Markets now owns 554,949 shares of the company’s stock worth $38,552,000 after acquiring an additional 480,047 shares in the last quarter.

First Trust Rising Dividend Achievers ETF Price Performance

Shares of RDVY stock opened at $76.70 on Wednesday. The firm has a market cap of $22.53 billion, a P/E ratio of 15.46 and a beta of 1.01. First Trust Rising Dividend Achievers ETF has a 1-year low of $60.30 and a 1-year high of $77.60. The firm has a fifty day moving average of $73.75 and a two-hundred day moving average of $71.71.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The business also recently disclosed 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 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend 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.