Centaurus Financial Inc. Increases Stock Holdings in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY)

Centaurus Financial Inc. raised its stake in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY – Get Rating) by 6.5% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 9,977 shares of the company’s stock after acquiring an additional 612 shares during the period. Centaurus Financial Inc.’s holdings in First Trust Rising Dividend Achievers ETF were worth $388,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in RDVY. JPMorgan Chase & Co. increased its stake in First Trust Rising Dividend Achievers ETF by 49.1% in the first quarter. JPMorgan Chase & Co. now owns 29,656 shares of the company’s stock valued at $1,453,000 after purchasing an additional 9,770 shares during the last quarter. Bank of New York Mellon Corp grew its position in shares of First Trust Rising Dividend Achievers ETF by 43.4% during the first quarter. Bank of New York Mellon Corp now owns 7,337 shares of the company’s stock worth $359,000 after acquiring an additional 2,219 shares during the last quarter. Synovus Financial Corp grew its position in shares of First Trust Rising Dividend Achievers ETF by 13.8% during the first quarter. Synovus Financial Corp now owns 24,718 shares of the company’s stock worth $1,209,000 after acquiring an additional 2,997 shares during the last quarter. Cibc World Market Inc. grew its position in shares of First Trust Rising Dividend Achievers ETF by 113.7% during the first quarter. Cibc World Market Inc. now owns 14,920 shares of the company’s stock worth $731,000 after acquiring an additional 7,938 shares during the last quarter. Finally, Moors & Cabot Inc. grew its position in shares of First Trust Rising Dividend Achievers ETF by 79.6% during the first quarter. Moors & Cabot Inc. now owns 11,037 shares of the company’s stock worth $541,000 after acquiring an additional 4,893 shares during the last quarter.

First Trust Rising Dividend Achievers ETF Trading Down 2.0 %

Shares of RDVY opened at $42.66 on Friday. The firm has a market cap of $7.50 billion, a PE ratio of 9.91 and a beta of 1.14. The company’s 50 day simple moving average is $46.51 and its 200-day simple moving average is $44.43. First Trust Rising Dividend Achievers ETF has a 12-month low of $38.34 and a 12-month high of $50.64.

First Trust Rising Dividend Achievers ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 30th. Stockholders of record on Tuesday, December 27th were given a dividend of $0.376 per share. The ex-dividend date of this dividend was Friday, December 23rd. This is a positive change from First Trust Rising Dividend Achievers ETF’s previous quarterly dividend of $0.22. This represents a $1.50 dividend on an annualized basis and a dividend yield of 3.53%.

First Trust Rising Dividend Achievers ETF Profile

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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.