Citizens Financial Group Inc. RI Acquires Shares of 4,026 First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY)

Citizens Financial Group Inc. RI purchased a new stake in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 4,026 shares of the company’s stock, valued at approximately $208,000.

Several other hedge funds have also bought and sold shares of the stock. Beaumont Financial Advisors LLC acquired a new position in First Trust Rising Dividend Achievers ETF in the 4th quarter worth about $2,546,000. Perigon Wealth Management LLC grew its stake in First Trust Rising Dividend Achievers ETF by 365.8% in the 4th quarter. Perigon Wealth Management LLC now owns 60,833 shares of the company’s stock valued at $3,143,000 after acquiring an additional 47,774 shares during the period. Twin Peaks Wealth Advisors LLC purchased a new stake in First Trust Rising Dividend Achievers ETF in the 4th quarter worth $1,665,000. Atria Wealth Solutions Inc. raised its position in First Trust Rising Dividend Achievers ETF by 13.9% during the fourth quarter. Atria Wealth Solutions Inc. now owns 494,573 shares of the company’s stock worth $25,555,000 after acquiring an additional 60,369 shares during the period. Finally, RVW Wealth LLC lifted its holdings in First Trust Rising Dividend Achievers ETF by 4.4% during the fourth quarter. RVW Wealth LLC now owns 615,092 shares of the company’s stock valued at $31,782,000 after purchasing an additional 25,894 shares in the last quarter.

First Trust Rising Dividend Achievers ETF Stock Up 0.5 %

Shares of NASDAQ RDVY opened at $54.50 on Tuesday. The firm has a market cap of $10.30 billion, a price-to-earnings ratio of 9.78 and a beta of 1.15. The company’s 50-day simple moving average is $54.19 and its 200-day simple moving average is $50.86. First Trust Rising Dividend Achievers ETF has a 52-week low of $42.42 and a 52-week high of $56.28.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were paid a dividend of $0.2238 per share. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $0.90 annualized dividend and a yield of 1.64%.

First Trust Rising Dividend Achievers ETF Company 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.