Ausdal Financial Partners Inc. Raises Stock Position in First Trust Rising Dividend Achievers ETF $RDVY

Ausdal Financial Partners Inc. lifted its holdings in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 26.0% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 100,725 shares of the company’s stock after purchasing an additional 20,765 shares during the quarter. Ausdal Financial Partners Inc.’s holdings in First Trust Rising Dividend Achievers ETF were worth $6,775,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in RDVY. AQR Capital Management LLC lifted its holdings in First Trust Rising Dividend Achievers ETF by 70.2% during the 1st quarter. AQR Capital Management LLC now owns 31,071 shares of the company’s stock worth $1,819,000 after buying an additional 12,820 shares in the last quarter. Bank of Montreal Can boosted its position in First Trust Rising Dividend Achievers ETF by 3.4% in the 2nd quarter. Bank of Montreal Can now owns 21,562 shares of the company’s stock valued at $1,353,000 after buying an additional 709 shares during the period. L & S Advisors Inc grew its stake in shares of First Trust Rising Dividend Achievers ETF by 13.7% in the second quarter. L & S Advisors Inc now owns 23,414 shares of the company’s stock worth $1,469,000 after acquiring an additional 2,821 shares in the last quarter. Foundations Investment Advisors LLC grew its stake in shares of First Trust Rising Dividend Achievers ETF by 14.8% in the second quarter. Foundations Investment Advisors LLC now owns 277,590 shares of the company’s stock worth $17,416,000 after acquiring an additional 35,749 shares in the last quarter. Finally, Opinicus Capital Inc. increased its position in shares of First Trust Rising Dividend Achievers ETF by 4.9% during the second quarter. Opinicus Capital Inc. now owns 17,860 shares of the company’s stock worth $1,121,000 after acquiring an additional 833 shares during the period.

First Trust Rising Dividend Achievers ETF Trading Down 0.3%

Shares of NASDAQ RDVY opened at $68.24 on Friday. The stock has a market cap of $19.25 billion, a P/E ratio of 15.46 and a beta of 1.10. First Trust Rising Dividend Achievers ETF has a 12-month low of $50.27 and a 12-month high of $73.54. The business’s fifty day simple moving average is $71.91 and its 200-day simple moving average is $69.11.

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.