First Trust Rising Dividend Achievers ETF $RDVY Stock Holdings Increased by ODonnell Financial Services LLC

ODonnell Financial Services LLC boosted its stake in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 2.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 384,826 shares of the company’s stock after purchasing an additional 8,538 shares during the period. First Trust Rising Dividend Achievers ETF makes up about 8.6% of ODonnell Financial Services LLC’s portfolio, making the stock its 2nd biggest position. ODonnell Financial Services LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $30,128,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently bought and sold shares of the company. Kings Path Partners LLC acquired a new position in First Trust Rising Dividend Achievers ETF during the 3rd quarter valued at approximately $27,000. Bessemer Group Inc. acquired a new stake in shares of First Trust Rising Dividend Achievers ETF during the first quarter worth $29,000. Allspring Global Investments Holdings LLC lifted its stake in shares of First Trust Rising Dividend Achievers ETF by 255.3% during the third quarter. Allspring Global Investments Holdings LLC now owns 533 shares of the company’s stock worth $42,000 after buying an additional 383 shares during the period. Rosenberg Matthew Hamilton acquired a new stake in shares of First Trust Rising Dividend Achievers ETF during the third quarter worth $43,000. Finally, Silver Grove Financial Group Inc. lifted its stake in shares of First Trust Rising Dividend Achievers ETF by 127.4% during the third quarter. Silver Grove Financial Group Inc. now owns 589 shares of the company’s stock worth $46,000 after buying an additional 330 shares during the period.

First Trust Rising Dividend Achievers ETF Stock Down 0.0%

Shares of RDVY traded down $0.03 during trading hours on Friday, reaching $79.69. 916,771 shares of the company traded hands, compared to its average volume of 1,288,049. The stock has a market capitalization of $25.68 billion, a P/E ratio of 15.82 and a beta of 1.01. First Trust Rising Dividend Achievers ETF has a 12-month low of $64.99 and a 12-month high of $84.02. The business has a fifty day moving average price of $79.51 and a 200-day moving average price of $76.76.

First Trust Rising Dividend Achievers ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were paid a $0.1521 dividend. This is a positive change 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 yield of 0.8%.

First Trust Rising Dividend Achievers ETF Company 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.