Liberty Square Wealth Partners LLC Acquires 147,022 Shares of First Trust Rising Dividend Achievers ETF $RDVY

Liberty Square Wealth Partners LLC raised its holdings in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 35.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 564,503 shares of the company’s stock after purchasing an additional 147,022 shares during the quarter. First Trust Rising Dividend Achievers ETF makes up 11.7% of Liberty Square Wealth Partners LLC’s holdings, making the stock its 2nd biggest position. Liberty Square Wealth Partners LLC owned about 0.22% of First Trust Rising Dividend Achievers ETF worth $37,968,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in RDVY. Ashton Thomas Private Wealth LLC increased its stake in shares of First Trust Rising Dividend Achievers ETF by 27.6% during the third quarter. Ashton Thomas Private Wealth LLC now owns 34,134 shares of the company’s stock worth $2,296,000 after purchasing an additional 7,379 shares during the period. Harel Insurance Investments & Financial Services Ltd. increased its position in First Trust Rising Dividend Achievers ETF by 15.9% during the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 80,000 shares of the company’s stock worth $5,381,000 after buying an additional 11,000 shares during the period. Atria Investments Inc lifted its holdings in shares of First Trust Rising Dividend Achievers ETF by 7.1% during the third quarter. Atria Investments Inc now owns 193,425 shares of the company’s stock worth $13,010,000 after buying an additional 12,843 shares in the last quarter. BankPlus Wealth Management LLC boosted its position in shares of First Trust Rising Dividend Achievers ETF by 35.6% in the third quarter. BankPlus Wealth Management LLC now owns 37,597 shares of the company’s stock valued at $2,529,000 after acquiring an additional 9,866 shares during the period. Finally, Forefront Wealth Partners LLC acquired a new position in shares of First Trust Rising Dividend Achievers ETF in the third quarter valued at about $2,859,000.

First Trust Rising Dividend Achievers ETF Stock Performance

NASDAQ:RDVY opened at $71.86 on Friday. First Trust Rising Dividend Achievers ETF has a 52 week low of $50.27 and a 52 week high of $73.43. The firm’s 50-day simple moving average is $71.37 and its 200 day simple moving average is $68.12. The firm has a market cap of $20.28 billion, a price-to-earnings ratio of 15.46 and a beta of 1.10.

First Trust Rising Dividend Achievers ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were paid a $0.1996 dividend. This represents a $0.80 annualized dividend and a dividend yield of 1.1%. This is an increase from First Trust Rising Dividend Achievers ETF’s previous quarterly dividend of $0.15. The ex-dividend date was Friday, December 12th.

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.