Thrivent Financial for Lutherans Has $1.59 Million Stock Holdings in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY)

Thrivent Financial for Lutherans lessened its stake in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY – Get Rating) by 5.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 36,177 shares of the company’s stock after selling 2,108 shares during the quarter. Thrivent Financial for Lutherans’ holdings in First Trust Rising Dividend Achievers ETF were worth $1,589,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of RDVY. Worth Asset Management LLC raised its holdings in shares of First Trust Rising Dividend Achievers ETF by 1,175.0% during the 4th quarter. Worth Asset Management LLC now owns 1,020 shares of the company’s stock valued at $45,000 after purchasing an additional 940 shares in the last quarter. VitalStone Financial LLC bought a new position in shares of First Trust Rising Dividend Achievers ETF during the 4th quarter valued at $76,000. Element Wealth LLC raised its holdings in shares of First Trust Rising Dividend Achievers ETF by 38.2% during the 3rd quarter. Element Wealth LLC now owns 2,897 shares of the company’s stock valued at $113,000 after purchasing an additional 801 shares in the last quarter. Mach 1 Financial Group LLC bought a new position in First Trust Rising Dividend Achievers ETF in the 3rd quarter worth $121,000. Finally, CENTRAL TRUST Co raised its holdings in First Trust Rising Dividend Achievers ETF by 41.9% in the 3rd quarter. CENTRAL TRUST Co now owns 4,436 shares of the company’s stock worth $172,000 after acquiring an additional 1,309 shares during the period.

First Trust Rising Dividend Achievers ETF Price Performance

Shares of RDVY opened at $44.79 on Friday. The company has a market capitalization of $7.73 billion, a PE ratio of 9.91 and a beta of 1.15. First Trust Rising Dividend Achievers ETF has a one year low of $38.34 and a one year high of $49.17. The company’s fifty day moving average price is $44.77 and its 200 day moving average price is $45.42.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 31st. Investors of record on Monday, March 27th were issued a $0.211 dividend. The ex-dividend date of this dividend was Friday, March 24th. This represents a $0.84 annualized dividend and a yield of 1.88%.

First Trust Rising Dividend Achievers ETF Profile

(Get Rating)

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.