Bank Julius Baer & Co. Ltd Zurich Invests $628,000 in First Trust Rising Dividend Achievers ETF $RDVY

Bank Julius Baer & Co. Ltd Zurich acquired a new position in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 9,045 shares of the company’s stock, valued at approximately $628,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Raymond James Financial Inc. boosted its position in shares of First Trust Rising Dividend Achievers ETF by 1.8% during the 2nd quarter. Raymond James Financial Inc. now owns 11,201,473 shares of the company’s stock worth $702,780,000 after purchasing an additional 198,938 shares in the last quarter. Ameriprise Financial Inc. boosted its position in shares of First Trust Rising Dividend Achievers ETF by 10.1% during the 3rd quarter. Ameriprise Financial Inc. now owns 7,790,897 shares of the company’s stock worth $523,914,000 after purchasing an additional 716,800 shares in the last quarter. Bank of America Corp DE boosted its position in shares of First Trust Rising Dividend Achievers ETF by 7.0% during the 3rd quarter. Bank of America Corp DE now owns 6,992,315 shares of the company’s stock worth $470,303,000 after purchasing an additional 455,258 shares in the last quarter. UBS Group AG boosted its position in shares of First Trust Rising Dividend Achievers ETF by 4.4% during the 4th quarter. UBS Group AG now owns 5,994,505 shares of the company’s stock worth $416,438,000 after purchasing an additional 254,241 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in shares of First Trust Rising Dividend Achievers ETF by 13.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 4,906,017 shares of the company’s stock worth $329,979,000 after purchasing an additional 577,318 shares in the last quarter.

First Trust Rising Dividend Achievers ETF Price Performance

RDVY stock opened at $73.64 on Friday. The stock has a market capitalization of $21.63 billion, a PE ratio of 15.46 and a beta of 1.02. The company’s 50-day moving average is $71.58 and its 200-day moving average is $70.71. First Trust Rising Dividend Achievers ETF has a 1 year low of $59.01 and a 1 year high of $75.75.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were given a dividend of $0.1813 per share. This represents a $0.73 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Thursday, March 26th.

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.