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

Petix & Botte Co lifted its position in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 13.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 122,446 shares of the company’s stock after acquiring an additional 14,355 shares during the quarter. First Trust Rising Dividend Achievers ETF accounts for about 1.9% of Petix & Botte Co’s holdings, making the stock its 20th biggest position. Petix & Botte Co owned about 0.05% of First Trust Rising Dividend Achievers ETF worth $7,682,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Bank of New York Mellon Corp increased its position in shares of First Trust Rising Dividend Achievers ETF by 440.8% in the first quarter. Bank of New York Mellon Corp now owns 27,683 shares of the company’s stock valued at $1,621,000 after buying an additional 22,564 shares in the last quarter. Larson Financial Group LLC grew its position in shares of First Trust Rising Dividend Achievers ETF by 12.3% in the first quarter. Larson Financial Group LLC now owns 34,952 shares of the company’s stock valued at $2,046,000 after purchasing an additional 3,842 shares during the last quarter. Lineweaver Wealth Advisors LLC increased its stake in shares of First Trust Rising Dividend Achievers ETF by 3.4% during the 1st quarter. Lineweaver Wealth Advisors LLC now owns 77,607 shares of the company’s stock worth $4,543,000 after purchasing an additional 2,526 shares in the last quarter. Frederick Financial Consultants LLC raised its position in shares of First Trust Rising Dividend Achievers ETF by 1.8% during the 1st quarter. Frederick Financial Consultants LLC now owns 104,757 shares of the company’s stock worth $6,132,000 after purchasing an additional 1,818 shares during the last quarter. Finally, Kingsview Wealth Management LLC increased its position in First Trust Rising Dividend Achievers ETF by 26.9% during the first quarter. Kingsview Wealth Management LLC now owns 91,981 shares of the company’s stock worth $5,385,000 after buying an additional 19,476 shares in the last quarter.

First Trust Rising Dividend Achievers ETF Stock Up 0.4%

Shares of NASDAQ:RDVY opened at $68.23 on Thursday. The company has a market capitalization of $17.83 billion, a P/E ratio of 15.46 and a beta of 1.10. First Trust Rising Dividend Achievers ETF has a 52-week low of $50.27 and a 52-week high of $68.49. The stock’s fifty day simple moving average is $66.96 and its 200-day simple moving average is $63.88.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, September 25th were paid a dividend of $0.1487 per share. This represents a $0.59 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend was Thursday, September 25th.

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.