First Trust US Equity Dividend Select ETF
RNDV
NASDAQ Global Market- -
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.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- MA United States of America
- IPO Date
- Jun 26, 2017
- CIK
- 0001552740
- Similar Companies
- Business
- First Trust US Equity Dividend Select ETF (RNDV) is an exchange-traded fund that seeks investment results corresponding generally to the price and yield, before fees and expenses, of the Nasdaq Riskalyze US Large Cap Select Dividend Index, a modified market capitalization-weighted index providing exposure to a diversified portfolio of dividend-paying US large-cap securities selected for above-average yields on a sector-neutral basis. The fund normally invests at least 90% of its net assets in common stocks comprising the index, which targets companies within or representative of the S&P 500 demonstrating stable or increasing dividends; holdings include approximately 99 to 241 securities across sectors such as electronic technology (28.74%), finance (13.01%), and health technology (11.45%), with top positions in names like International Business Machines Corp., Intel Corp., and HP Inc. RNDV distributes dividends quarterly, with a recent payout of $0.1558 declared in March 2025 and an annual yield around 2.24% to 3.67%, while maintaining a net expense ratio of 0.50% and assets under management of approximately $26 million as of late 2025. Launched on June 20, 2017, and managed by First Trust Advisors L.P., headquartered in Wheaton, Illinois, the ETF primarily serves US investors seeking large-cap blend equity exposure focused on dividend strategies within developed North American markets. Recent developments include ongoing portfolio rebalancing reflected in updated holdings as of November 25, 2025, showing 9% turnover and sustained operations amid First Trust's broader announcements of distributions for 156 ETFs in December 2025, with no reported acquisitions, partnerships, or strategic shifts specific to RNDV in the past 1-2 years.