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

Calton & Associates Inc. lifted its position in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 18.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 74,639 shares of the company’s stock after purchasing an additional 11,727 shares during the quarter. First Trust Rising Dividend Achievers ETF comprises approximately 0.8% of Calton & Associates Inc.’s portfolio, making the stock its 26th largest holding. Calton & Associates Inc.’s holdings in First Trust Rising Dividend Achievers ETF were worth $5,185,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in RDVY. Financial Perspectives Inc bought a new position in shares of First Trust Rising Dividend Achievers ETF in the fourth quarter worth $26,000. Huntington National Bank grew its position 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 in the last quarter. Trust Co. of Vermont purchased a new position in First Trust Rising Dividend Achievers ETF in the fourth quarter worth $27,000. United Community Bank purchased a new position in First Trust Rising Dividend Achievers ETF in the fourth quarter worth $28,000. Finally, Lloyd Advisory Services LLC. purchased a new position in First Trust Rising Dividend Achievers ETF in the fourth quarter worth $36,000.

First Trust Rising Dividend Achievers ETF Stock Performance

Shares of NASDAQ:RDVY opened at $75.38 on Wednesday. First Trust Rising Dividend Achievers ETF has a 52-week low of $60.13 and a 52-week high of $76.57. The firm has a fifty day moving average of $72.82 and a 200 day moving average of $71.31. The firm has a market capitalization of $22.14 billion, a PE ratio of 15.46 and a beta of 1.02.

First Trust Rising Dividend Achievers ETF Cuts Dividend

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

About First Trust Rising Dividend Achievers ETF

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.