23,535 First Trust Rising Dividend Achievers ETF $RDVY Shares Bought by Crumly & Associates Inc.

Crumly & Associates Inc. raised its position in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 7.3% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 346,312 shares of the company’s stock after purchasing an additional 23,535 shares during the period. First Trust Rising Dividend Achievers ETF comprises about 4.8% of Crumly & Associates Inc.’s investment portfolio, making the stock its 4th largest position. Crumly & Associates Inc.’s holdings in First Trust Rising Dividend Achievers ETF were worth $27,113,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the company. Bessemer Group Inc. purchased a new position in shares of First Trust Rising Dividend Achievers ETF in the 1st quarter worth $29,000. Anchor Investment Management LLC bought a new position in shares of First Trust Rising Dividend Achievers ETF in the 1st quarter valued at about $34,000. University of Texas Texas AM Investment Management Co. bought a new position in shares of First Trust Rising Dividend Achievers ETF during the 4th quarter valued at approximately $37,000. Investment Counsel Co. of Nevada purchased a new stake in First Trust Rising Dividend Achievers ETF in the 4th quarter worth about $40,000. Finally, Rosenberg Matthew Hamilton bought a new position in First Trust Rising Dividend Achievers ETF in the 3rd quarter valued at $43,000.

First Trust Rising Dividend Achievers ETF Trading Down 0.7%

Shares of First Trust Rising Dividend Achievers ETF stock traded down $0.55 during trading on Wednesday, hitting $78.91. 596,409 shares of the stock traded hands, compared to its average volume of 1,285,772. The firm has a market cap of $25.12 billion, a P/E ratio of 15.46 and a beta of 1.00. The stock’s fifty day simple moving average is $81.14 and its 200 day simple moving average is $77.54. First Trust Rising Dividend Achievers ETF has a 52-week low of $64.97 and a 52-week high of $84.02.

First Trust Rising Dividend Achievers ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th were given a dividend of $0.1521 per share. This is a boost from First Trust Rising Dividend Achievers ETF’s previous quarterly dividend of $0.1474. The ex-dividend date was Thursday, September 24th. This represents a $0.61 dividend on an annualized basis and a dividend yield of 0.8%.

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.