Hazlett Burt & Watson Inc. Increases Holdings in First Trust Rising Dividend Achievers ETF $RDVY

Hazlett Burt & Watson Inc. grew its holdings in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 32.8% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,708 shares of the company’s stock after purchasing an additional 422 shares during the quarter. Hazlett Burt & Watson Inc.’s holdings in First Trust Rising Dividend Achievers ETF were worth $108,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Farmers & Merchants Investments Inc. purchased a new stake in shares of First Trust Rising Dividend Achievers ETF during the 2nd quarter valued at $26,000. Compass Financial Services Inc purchased a new position in First Trust Rising Dividend Achievers ETF during the 1st quarter valued at about $26,000. SVB Wealth LLC purchased a new position in First Trust Rising Dividend Achievers ETF during the 1st quarter valued at about $29,000. Rise Advisors LLC purchased a new position in First Trust Rising Dividend Achievers ETF during the 1st quarter valued at about $31,000. Finally, Raleigh Capital Management Inc. boosted its position in shares of First Trust Rising Dividend Achievers ETF by 34.2% during the 2nd quarter. Raleigh Capital Management Inc. now owns 648 shares of the company’s stock valued at $41,000 after acquiring an additional 165 shares during the last quarter.

First Trust Rising Dividend Achievers ETF Trading Up 1.6%

Shares of RDVY opened at $66.08 on Tuesday. The stock has a 50-day moving average price of $65.94 and a 200-day moving average price of $62.02. The company has a market cap of $17.02 billion, a PE ratio of 15.46 and a beta of 1.15. First Trust Rising Dividend Achievers ETF has a 12-month low of $50.27 and a 12-month high of $68.11.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were given a $0.1487 dividend. The ex-dividend date was Thursday, September 25th. This represents a $0.59 dividend on an annualized basis and a yield of 0.9%.

First Trust Rising Dividend Achievers ETF Company 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.