Guardian Wealth Advisors LLC NC Has $44.70 Million Holdings in First Trust Rising Dividend Achievers ETF $RDVY

Guardian Wealth Advisors LLC NC raised its stake in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 6.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 643,484 shares of the company’s stock after purchasing an additional 39,482 shares during the period. First Trust Rising Dividend Achievers ETF accounts for 2.8% of Guardian Wealth Advisors LLC NC’s holdings, making the stock its 8th biggest holding. Guardian Wealth Advisors LLC NC owned 0.23% of First Trust Rising Dividend Achievers ETF worth $44,703,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of RDVY. AQR Capital Management LLC increased its stake in First Trust Rising Dividend Achievers ETF by 70.2% in the first quarter. AQR Capital Management LLC now owns 31,071 shares of the company’s stock valued at $1,819,000 after purchasing an additional 12,820 shares in the last quarter. First Trust Advisors LP increased its stake in First Trust Rising Dividend Achievers ETF by 104.0% in the second quarter. First Trust Advisors LP now owns 23,934 shares of the company’s stock valued at $1,502,000 after purchasing an additional 12,204 shares in the last quarter. Cerity Partners LLC increased its stake in First Trust Rising Dividend Achievers ETF by 38.1% in the second quarter. Cerity Partners LLC now owns 5,657 shares of the company’s stock valued at $355,000 after purchasing an additional 1,561 shares in the last quarter. Betterment LLC increased its stake in First Trust Rising Dividend Achievers ETF by 19.4% in the second quarter. Betterment LLC now owns 48,475 shares of the company’s stock valued at $3,041,000 after purchasing an additional 7,892 shares in the last quarter. Finally, Darwin Wealth Management LLC bought a new stake in First Trust Rising Dividend Achievers ETF in the second quarter valued at $1,433,000.

First Trust Rising Dividend Achievers ETF Trading Down 0.4%

RDVY opened at $79.06 on Wednesday. First Trust Rising Dividend Achievers ETF has a 1-year low of $60.30 and a 1-year high of $79.95. The company has a market cap of $23.22 billion, a P/E ratio of 15.46 and a beta of 1.01. The company has a fifty day moving average price of $74.73 and a two-hundred day moving average price of $72.11.

First Trust Rising Dividend Achievers ETF Cuts Dividend

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

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.