First Trust Rising Dividend Achievers ETF $RDVY Shares Purchased by Petix & Botte Co

Petix & Botte Co grew its position in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 11.0% in the first quarter, Holdings Channel.com reports. The fund owned 181,396 shares of the company’s stock after buying an additional 18,021 shares during the period. First Trust Rising Dividend Achievers ETF makes up approximately 2.8% of Petix & Botte Co’s investment portfolio, making the stock its 11th largest position. Petix & Botte Co’s holdings in First Trust Rising Dividend Achievers ETF were worth $12,386,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Financial Perspectives Inc acquired a new position in shares of First Trust Rising Dividend Achievers ETF in the 4th quarter valued at about $26,000. Huntington National Bank lifted its holdings in First Trust Rising Dividend Achievers ETF by 37,000.0% in the fourth quarter. Huntington National Bank now owns 371 shares of the company’s stock worth $26,000 after acquiring an additional 370 shares during the last quarter. Trust Co. of Vermont bought a new position in First Trust Rising Dividend Achievers ETF in the fourth quarter worth about $27,000. United Community Bank acquired a new position in First Trust Rising Dividend Achievers ETF in the fourth quarter valued at approximately $28,000. Finally, Lloyd Advisory Services LLC. acquired a new position in First Trust Rising Dividend Achievers ETF in the fourth quarter valued at approximately $36,000.

First Trust Rising Dividend Achievers ETF Stock Up 0.6%

Shares of NASDAQ:RDVY traded up $0.45 during trading on Friday, hitting $80.30. 821,550 shares of the company traded hands, compared to its average volume of 1,403,206. First Trust Rising Dividend Achievers ETF has a one year low of $61.84 and a one year high of $81.36. The stock has a market capitalization of $24.36 billion, a price-to-earnings ratio of 15.46 and a beta of 1.00. The business’s fifty day moving average is $77.01 and its 200-day moving average is $73.41.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were given a $0.1474 dividend. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $0.59 annualized dividend and a yield of 0.7%.

First Trust Rising Dividend Achievers ETF 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.