Opinicus Capital Inc. Acquires Shares of 19,318 First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY)

Opinicus Capital Inc. acquired a new stake in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) in the fourth quarter, Holdings Channel reports. The firm acquired 19,318 shares of the company’s stock, valued at approximately $998,000.

Other large investors have also added to or reduced their stakes in the company. Valmark Advisers Inc. increased its holdings in shares of First Trust Rising Dividend Achievers ETF by 2.6% in the 4th quarter. Valmark Advisers Inc. now owns 253,875 shares of the company’s stock worth $13,118,000 after purchasing an additional 6,460 shares in the last quarter. Citizens Financial Group Inc. RI bought a new stake in shares of First Trust Rising Dividend Achievers ETF in the 4th quarter worth $208,000. Truist Financial Corp increased its holdings in shares of First Trust Rising Dividend Achievers ETF by 11.7% in the 4th quarter. Truist Financial Corp now owns 671,199 shares of the company’s stock worth $34,681,000 after purchasing an additional 70,168 shares in the last quarter. Atria Wealth Solutions Inc. increased its holdings in shares of First Trust Rising Dividend Achievers ETF by 13.9% in the 4th quarter. Atria Wealth Solutions Inc. now owns 494,573 shares of the company’s stock worth $25,555,000 after purchasing an additional 60,369 shares in the last quarter. Finally, GAMMA Investing LLC bought a new stake in shares of First Trust Rising Dividend Achievers ETF in the 4th quarter worth $105,000.

First Trust Rising Dividend Achievers ETF Stock Down 0.1 %

Shares of First Trust Rising Dividend Achievers ETF stock traded down $0.03 on Friday, reaching $54.24. The company’s stock had a trading volume of 675,886 shares, compared to its average volume of 798,541. First Trust Rising Dividend Achievers ETF has a 52 week low of $42.42 and a 52 week high of $56.28. The company has a market capitalization of $10.21 billion, a price-to-earnings ratio of 9.85 and a beta of 1.15. The firm’s fifty day simple moving average is $54.14 and its two-hundred day simple moving average is $50.73.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were issued a $0.2238 dividend. This represents a $0.90 annualized dividend and a dividend yield of 1.65%. The ex-dividend date of this dividend was Thursday, March 21st.

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.