Csenge Advisory Group Sells 67,202 Shares of First Trust Rising Dividend Achievers ETF $RDVY

Csenge Advisory Group decreased its holdings in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 6.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 999,638 shares of the company’s stock after selling 67,202 shares during the quarter. First Trust Rising Dividend Achievers ETF comprises approximately 3.0% of Csenge Advisory Group’s portfolio, making the stock its 6th biggest holding. Csenge Advisory Group owned approximately 0.31% of First Trust Rising Dividend Achievers ETF worth $78,262,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in RDVY. Allspring Global Investments Holdings LLC grew its position in shares of First Trust Rising Dividend Achievers ETF by 255.3% in the third quarter. Allspring Global Investments Holdings LLC now owns 533 shares of the company’s stock valued at $42,000 after purchasing an additional 383 shares in the last quarter. Beam Wealth Advisors Inc. lifted its holdings in First Trust Rising Dividend Achievers ETF by 3.5% during the 3rd quarter. Beam Wealth Advisors Inc. now owns 10,950 shares of the company’s stock worth $857,000 after purchasing an additional 372 shares in the last quarter. Formidable Asset Management LLC lifted its holdings in First Trust Rising Dividend Achievers ETF by 11.9% during the 3rd quarter. Formidable Asset Management LLC now owns 5,187 shares of the company’s stock worth $420,000 after purchasing an additional 550 shares in the last quarter. American Institute for Advanced Investment Management LLP lifted its holdings in First Trust Rising Dividend Achievers ETF by 77.5% during the 3rd quarter. American Institute for Advanced Investment Management LLP now owns 4,751 shares of the company’s stock worth $372,000 after purchasing an additional 2,075 shares in the last quarter. Finally, Parallel Advisors LLC boosted its stake in First Trust Rising Dividend Achievers ETF by 17.6% in the 3rd quarter. Parallel Advisors LLC now owns 25,933 shares of the company’s stock worth $2,030,000 after purchasing an additional 3,884 shares during the period.

First Trust Rising Dividend Achievers ETF Stock Down 0.0%

Shares of NASDAQ RDVY opened at $79.36 on Wednesday. The company has a market cap of $25.58 billion, a P/E ratio of 15.82 and a beta of 1.02. First Trust Rising Dividend Achievers ETF has a 52 week low of $64.99 and a 52 week high of $84.02. The business has a 50-day simple moving average of $79.60 and a two-hundred day simple moving average of $76.65.

First Trust Rising Dividend Achievers ETF Increases Dividend

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

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.