First Trust Rising Dividend Achievers ETF
RDVY
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- James Dykas
- Full Time Employees
- 148
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 120 East Liberty Drive, Suite 400 Wheaton IL United States of America 60187
- IPO Date
- Jan 7, 2014
- CIK
- 0001552740
- Website
- ftportfolios.com
- Similar Companies
- Business
- First Trust Rising Dividend Achievers ETF (RDVY) is an exchange-traded fund that seeks to provide investment results tracking the Rising Dividend Achievers Index, focusing on U.S. companies with a history of rising dividends and strong financial metrics. The fund offers exposure to mid- and large-cap equities selected based on criteria including consistent dividend growth over consecutive years, accelerated dividend growth rates, and robust cash flow to debt ratios; it employs a modified equal-weighting methodology across sectors such as industrials, financials, information technology, consumer discretionary, and materials. RDVY is managed by First Trust Advisors LP, with primary operations in the United States and global investor access through major exchanges. First Trust Portfolios LP, headquartered in Wheaton, Illinois, and founded in 1991 as part of First Trust Advisors, serves as the sponsor and distributor for RDVY, offering a suite of ETFs, unit investment trusts (UITs), and closed-end funds targeting income, growth, and thematic strategies. The fund's core services include daily liquidity via NYSE Arca trading, systematic rebalancing to maintain index alignment, and detailed holdings disclosure encompassing approximately 60-80 stocks with top weights in companies like Lockheed Martin, Open Text, and Emcor Group. Geographically, RDVY primarily invests in U.S.-domiciled companies but draws from broader North American markets through its index methodology. Recent developments include enhanced index methodology updates in 2024 to incorporate additional profitability screens and dividend sustainability metrics amid rising interest rates; First Trust announced strategic expansions in ETF distribution partnerships with platforms like Charles Schwab and Fidelity in late 2024 to broaden retail and advisor access. The fund experienced robust inflows exceeding $500 million in assets under management growth during 2025, driven by investor shifts toward dividend resilience strategies. No major acquisitions or name changes have occurred for RDVY or its sponsor in the last two years, though First Trust continues to launch complementary dividend-focused products like enhancements to its tactical income lineup.