HBW Advisory Services LLC Acquires 17,345 Shares of First Trust Rising Dividend Achievers ETF $RDVY

HBW Advisory Services LLC grew its holdings in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 11.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 174,558 shares of the company’s stock after purchasing an additional 17,345 shares during the quarter. First Trust Rising Dividend Achievers ETF comprises about 1.3% of HBW Advisory Services LLC’s portfolio, making the stock its 19th biggest position. HBW Advisory Services LLC owned approximately 0.06% of First Trust Rising Dividend Achievers ETF worth $14,150,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Huntington National Bank lifted its stake in First Trust Rising Dividend Achievers ETF by 37,000.0% in the fourth quarter. Huntington National Bank now owns 371 shares of the company’s stock valued at $26,000 after buying an additional 370 shares during the period. Financial Perspectives Inc acquired a new stake in shares of First Trust Rising Dividend Achievers ETF during the 4th quarter worth approximately $26,000. United Community Bank acquired a new stake in shares of First Trust Rising Dividend Achievers ETF during the 4th quarter worth approximately $28,000. Bessemer Group Inc. bought a new stake in shares of First Trust Rising Dividend Achievers ETF in the 1st quarter valued at $29,000. Finally, Anchor Investment Management LLC bought a new stake in shares of First Trust Rising Dividend Achievers ETF in the 1st quarter valued at $34,000.

First Trust Rising Dividend Achievers ETF Stock Up 0.4%

First Trust Rising Dividend Achievers ETF stock opened at $83.56 on Thursday. The company has a market capitalization of $25.63 billion, a PE ratio of 15.46 and a beta of 1.00. First Trust Rising Dividend Achievers ETF has a 12-month low of $64.34 and a 12-month high of $83.99. The firm’s fifty day moving average is $79.97 and its 200 day moving average is $75.01.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were paid a $0.1474 dividend. This represents a $0.59 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Thursday, June 25th.

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.