Calton & Associates Inc. Purchases 11,727 Shares of First Trust Rising Dividend Achievers ETF $RDVY

Calton & Associates Inc. increased its stake in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 18.6% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 74,639 shares of the company’s stock after acquiring an additional 11,727 shares during the period. First Trust Rising Dividend Achievers ETF comprises 0.8% of Calton & Associates Inc.’s holdings, making the stock its 26th largest position. Calton & Associates Inc.’s holdings in First Trust Rising Dividend Achievers ETF were worth $5,185,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the stock. Quad Cities Investment Group LLC boosted its position in First Trust Rising Dividend Achievers ETF by 0.7% in the 4th quarter. Quad Cities Investment Group LLC now owns 21,219 shares of the company’s stock valued at $1,474,000 after buying an additional 157 shares during the period. Allworth Financial LP boosted its position in First Trust Rising Dividend Achievers ETF by 0.3% in the 3rd quarter. Allworth Financial LP now owns 59,767 shares of the company’s stock valued at $4,020,000 after buying an additional 159 shares during the period. Insigneo Advisory Services LLC boosted its position in First Trust Rising Dividend Achievers ETF by 0.8% in the 3rd quarter. Insigneo Advisory Services LLC now owns 19,956 shares of the company’s stock valued at $1,342,000 after buying an additional 163 shares during the period. Proactive Wealth Strategies LLC boosted its position in First Trust Rising Dividend Achievers ETF by 0.3% in the 3rd quarter. Proactive Wealth Strategies LLC now owns 64,148 shares of the company’s stock valued at $4,315,000 after buying an additional 174 shares during the period. Finally, Acorn Wealth Advisors LLC boosted its position in First Trust Rising Dividend Achievers ETF by 3.7% in the 4th quarter. Acorn Wealth Advisors LLC now owns 5,481 shares of the company’s stock valued at $381,000 after buying an additional 197 shares during the period.

First Trust Rising Dividend Achievers ETF Price Performance

First Trust Rising Dividend Achievers ETF stock opened at $75.38 on Wednesday. The stock has a market cap of $22.14 billion, a price-to-earnings ratio of 15.46 and a beta of 1.02. First Trust Rising Dividend Achievers ETF has a 1 year low of $60.13 and a 1 year high of $76.57. The firm has a 50-day moving average of $72.82 and a two-hundred day moving average of $71.31.

First Trust Rising Dividend Achievers ETF Cuts Dividend

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

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.