First Trust Rising Dividend Achievers ETF $RDVY Stock Purchased by Howard Financial Services LTD.

Howard Financial Services LTD. boosted its holdings in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 3.3% in the third quarter, according to its most recent filing with the SEC. The firm owned 292,508 shares of the company’s stock after acquiring an additional 9,350 shares during the period. First Trust Rising Dividend Achievers ETF accounts for 2.4% of Howard Financial Services LTD.’s portfolio, making the stock its 14th largest position. Howard Financial Services LTD. owned 0.09% of First Trust Rising Dividend Achievers ETF worth $22,900,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. RVW Wealth LLC increased its holdings in First Trust Rising Dividend Achievers ETF by 1.6% in the third quarter. RVW Wealth LLC now owns 596,440 shares of the company’s stock valued at $46,695,000 after purchasing an additional 9,534 shares during the last quarter. Serenity Investment Advisors raised its position in shares of First Trust Rising Dividend Achievers ETF by 34.1% in the 2nd quarter. Serenity Investment Advisors now owns 28,004 shares of the company’s stock valued at $2,282,000 after acquiring an additional 7,116 shares during the period. Crumly & Associates Inc. raised its position in shares of First Trust Rising Dividend Achievers ETF by 7.3% in the 3rd quarter. Crumly & Associates Inc. now owns 346,312 shares of the company’s stock valued at $27,113,000 after acquiring an additional 23,535 shares during the period. Certified Advisory Corp raised its position in shares of First Trust Rising Dividend Achievers ETF by 10.9% in the 1st quarter. Certified Advisory Corp now owns 111,055 shares of the company’s stock valued at $7,583,000 after acquiring an additional 10,873 shares during the period. Finally, Kestra Private Wealth Services LLC raised its position in shares of First Trust Rising Dividend Achievers ETF by 6.2% in the 1st quarter. Kestra Private Wealth Services LLC now owns 935,616 shares of the company’s stock valued at $63,884,000 after acquiring an additional 54,487 shares during the period.

First Trust Rising Dividend Achievers ETF Price Performance

First Trust Rising Dividend Achievers ETF stock opened at $78.93 on Thursday. The firm has a market capitalization of $25.27 billion, a price-to-earnings ratio of 15.46 and a beta of 1.00. The company’s 50 day simple moving average is $80.86 and its 200 day simple moving average is $77.99. First Trust Rising Dividend Achievers ETF has a fifty-two week low of $64.99 and a fifty-two week high of $84.02.

First Trust Rising Dividend Achievers ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th were given a dividend of $0.1521 per share. This is a positive change from First Trust Rising Dividend Achievers ETF’s previous quarterly dividend of $0.1474. This represents a $0.61 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Thursday, September 24th.

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.