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

Petix & Botte Co lifted its stake in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVYFree Report) by 17.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 163,375 shares of the company’s stock after buying an additional 24,026 shares during the period. First Trust Rising Dividend Achievers ETF makes up 2.6% of Petix & Botte Co’s investment portfolio, making the stock its 11th largest holding. Petix & Botte Co’s holdings in First Trust Rising Dividend Achievers ETF were worth $11,350,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of RDVY. First Horizon Corp purchased a new stake in First Trust Rising Dividend Achievers ETF in the third quarter valued at $25,000. Financial Perspectives Inc purchased a new position in shares of First Trust Rising Dividend Achievers ETF during the fourth quarter worth about $26,000. Trust Co. of Vermont acquired a new stake in shares of First Trust Rising Dividend Achievers ETF during the fourth quarter worth about $27,000. Cullen Frost Bankers Inc. acquired a new stake in shares of First Trust Rising Dividend Achievers ETF during the third quarter worth about $28,000. Finally, United Community Bank purchased a new stake in shares of First Trust Rising Dividend Achievers ETF in the 4th quarter valued at about $28,000.

First Trust Rising Dividend Achievers ETF Stock Up 0.6%

Shares of NASDAQ RDVY opened at $74.35 on Friday. The stock has a market cap of $21.84 billion, a PE ratio of 15.46 and a beta of 1.02. First Trust Rising Dividend Achievers ETF has a 52-week low of $59.01 and a 52-week high of $75.75. The business has a 50-day moving average price of $71.54 and a 200 day moving average price of $70.69.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were paid a $0.1813 dividend. The ex-dividend date was Thursday, March 26th. This represents a $0.73 dividend on an annualized basis and a yield of 1.0%.

First Trust Rising Dividend Achievers ETF Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding RDVY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Rising Dividend Achievers ETF (NASDAQ:RDVYFree Report).

Institutional Ownership by Quarter for First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY)

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