19,607 First Trust Rising Dividend Achievers ETF $RDVY Shares Purchased by HBW Advisory Services LLC

HBW Advisory Services LLC increased its position in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 11.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 194,165 shares of the company’s stock after acquiring an additional 19,607 shares during the quarter. First Trust Rising Dividend Achievers ETF comprises 1.5% of HBW Advisory Services LLC’s holdings, making the stock its 12th biggest position. HBW Advisory Services LLC owned 0.06% of First Trust Rising Dividend Achievers ETF worth $15,201,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of RDVY. RVW Wealth LLC increased its position in First Trust Rising Dividend Achievers ETF by 1.6% during the 3rd quarter. RVW Wealth LLC now owns 596,440 shares of the company’s stock valued at $46,695,000 after buying an additional 9,534 shares in the last quarter. Serenity Investment Advisors boosted its stake in 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 worth $2,282,000 after purchasing an additional 7,116 shares in the last quarter. Crumly & Associates Inc. grew its holdings in shares of First Trust Rising Dividend Achievers ETF by 7.3% during the third quarter. Crumly & Associates Inc. now owns 346,312 shares of the company’s stock valued at $27,113,000 after buying an additional 23,535 shares during the last quarter. Certified Advisory Corp grew its stake in First Trust Rising Dividend Achievers ETF by 10.9% during the 1st quarter. Certified Advisory Corp now owns 111,055 shares of the company’s stock valued at $7,583,000 after purchasing an additional 10,873 shares during the last quarter. Finally, Brookstone Capital Management boosted its position in First Trust Rising Dividend Achievers ETF by 9.3% in the first quarter. Brookstone Capital Management now owns 185,649 shares of the company’s stock valued at $12,676,000 after buying an additional 15,808 shares during the last quarter.

First Trust Rising Dividend Achievers ETF Price Performance

NASDAQ:RDVY opened at $78.93 on Thursday. The company’s fifty day moving average price is $80.86 and its 200-day moving average price is $77.99. The firm has a market capitalization of $25.27 billion, a P/E ratio of 15.46 and a beta of 1.00. First Trust Rising Dividend Achievers ETF has a 1-year low of $64.99 and a 1-year high of $84.02.

First Trust Rising Dividend Achievers ETF Increases Dividend

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

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.