(RDVY) First Trust Rising Dividend - Ratings and Ratios

The First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) is designed to track the performance of the Nasdaq Rising Dividend Achievers Index, which focuses on U.S. securities with a history of consistently increasing dividends. The fund typically allocates at least 90% of its net assets to common stocks and depositary receipts that replicate the indexs composition. The index is constructed to include securities that have demonstrated dividend growth over both three-year and five-year periods, emphasizing sustainability and growth in dividend payments. It is divided into four distinct sub-portfolios, each targeting specific segments of the market to achieve diversification. The ETF is classified as a large-cap value fund, appealing to investors seeking exposure to established companies with strong dividend growth potential. Additional information on the funds structure and index methodology can be found at http://www.ftportfolios.com.

Based on the provided data, RDVY is currently trading at $55.04 with an average 20-day volume of 1,283,470 shares. The ETFs short-term moving average (SMA20) of $55.94 is slightly above its current price, while the SMA50 ($58.45) and SMA200 ($58.81) indicate a recent downtrend. The ATR of 1.66 reflects moderate volatility. With an AUM of $12,804.77 million, RDVY is a sizable fund, suggesting a high level of investor confidence and liquidity. Over the next three months, technical indicators point to potential sideways or slightly bearish movement, as the price is below key moving averages. However, the fundamental strength of its dividend-focused strategy and large AUM may provide stability. Investors should monitor market conditions and dividend trends for further insights.