Kestra Private Wealth Services LLC Buys 54,487 Shares of First Trust Rising Dividend Achievers ETF $RDVY

Kestra Private Wealth Services LLC boosted its stake in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 6.2% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 935,616 shares of the company’s stock after buying an additional 54,487 shares during the quarter. First Trust Rising Dividend Achievers ETF comprises 0.8% of Kestra Private Wealth Services LLC’s holdings, making the stock its 20th largest holding. Kestra Private Wealth Services LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $63,884,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of RDVY. Balefire LLC boosted its position in shares of First Trust Rising Dividend Achievers ETF by 32.1% in the 4th quarter. Balefire LLC now owns 39,521 shares of the company’s stock worth $2,746,000 after purchasing an additional 9,594 shares in the last quarter. Cozad Asset Management Inc. boosted its holdings in First Trust Rising Dividend Achievers ETF by 9.3% in the third quarter. Cozad Asset Management Inc. now owns 108,125 shares of the company’s stock worth $7,272,000 after acquiring an additional 9,181 shares in the last quarter. Genesis Private Wealth LLC grew its stake in shares of First Trust Rising Dividend Achievers ETF by 7.1% in the fourth quarter. Genesis Private Wealth LLC now owns 112,076 shares of the company’s stock worth $7,786,000 after acquiring an additional 7,444 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC bought a new position in shares of First Trust Rising Dividend Achievers ETF during the fourth quarter valued at $743,000. Finally, Citigroup Inc. raised its position in shares of First Trust Rising Dividend Achievers ETF by 4.7% in the 3rd quarter. Citigroup Inc. now owns 364,681 shares of the company’s stock worth $24,528,000 after purchasing an additional 16,507 shares during the last quarter.

First Trust Rising Dividend Achievers ETF Stock Performance

Shares of RDVY stock opened at $78.89 on Thursday. First Trust Rising Dividend Achievers ETF has a one year low of $61.52 and a one year high of $80.05. The company’s 50-day moving average is $75.63 and its 200 day moving average is $72.55. The company has a market capitalization of $23.17 billion, a price-to-earnings ratio of 15.46 and a beta of 1.01.

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.