First Trust Rising Dividend Achievers ETF $RDVY Shares Sold by Compass Capital Corp MA ADV

Compass Capital Corp MA ADV lowered its position in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 87.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,612 shares of the company’s stock after selling 33,270 shares during the period. Compass Capital Corp MA ADV’s holdings in First Trust Rising Dividend Achievers ETF were worth $335,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of RDVY. Barometer Capital Management Inc. increased its holdings in First Trust Rising Dividend Achievers ETF by 150.6% during the 4th quarter. Barometer Capital Management Inc. now owns 11,000 shares of the company’s stock valued at $764,000 after acquiring an additional 6,610 shares in the last quarter. WealthPLAN Partners LLC increased its holdings in First Trust Rising Dividend Achievers ETF by 9.2% during the 4th quarter. WealthPLAN Partners LLC now owns 7,354 shares of the company’s stock valued at $511,000 after acquiring an additional 620 shares in the last quarter. Principal Securities Inc. increased its holdings in First Trust Rising Dividend Achievers ETF by 7.4% during the 4th quarter. Principal Securities Inc. now owns 141,052 shares of the company’s stock valued at $9,799,000 after acquiring an additional 9,753 shares in the last quarter. Great Valley Advisor Group Inc. increased its holdings in First Trust Rising Dividend Achievers ETF by 32.4% during the 4th quarter. Great Valley Advisor Group Inc. now owns 89,550 shares of the company’s stock valued at $6,221,000 after acquiring an additional 21,913 shares in the last quarter. Finally, Kovack Advisors Inc. increased its holdings in First Trust Rising Dividend Achievers ETF by 33.2% during the 4th quarter. Kovack Advisors Inc. now owns 150,525 shares of the company’s stock valued at $10,457,000 after acquiring an additional 37,526 shares in the last quarter.

First Trust Rising Dividend Achievers ETF Trading Up 2.7%

NASDAQ:RDVY opened at $77.72 on Friday. The firm has a 50-day moving average price of $74.12 and a two-hundred day moving average price of $71.87. First Trust Rising Dividend Achievers ETF has a twelve month low of $60.30 and a twelve month high of $78.00. The company has a market capitalization of $22.83 billion, a P/E 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 annualized dividend 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.