Zullo Investment Group Inc. Invests $253,000 in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY)

Zullo Investment Group Inc. purchased a new position in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVYGet Rating) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 5,167 shares of the company’s stock, valued at approximately $253,000.

A number of other hedge funds have also recently made changes to their positions in the stock. National Bank of Canada FI lifted its position in First Trust Rising Dividend Achievers ETF by 35.0% in the 1st quarter. National Bank of Canada FI now owns 1,158 shares of the company’s stock valued at $60,000 after acquiring an additional 300 shares in the last quarter. Bedel Financial Consulting Inc. bought a new position in First Trust Rising Dividend Achievers ETF in the 1st quarter valued at approximately $79,000. Tyler Stone Wealth Management bought a new position in First Trust Rising Dividend Achievers ETF in the 4th quarter valued at approximately $97,000. Element Wealth LLC lifted its position in First Trust Rising Dividend Achievers ETF by 73.7% in the 1st quarter. Element Wealth LLC now owns 2,036 shares of the company’s stock valued at $100,000 after acquiring an additional 864 shares in the last quarter. Finally, CENTRAL TRUST Co lifted its position in First Trust Rising Dividend Achievers ETF by 21.3% in the 1st quarter. CENTRAL TRUST Co now owns 2,423 shares of the company’s stock valued at $119,000 after acquiring an additional 425 shares in the last quarter.

First Trust Rising Dividend Achievers ETF Stock Up 1.7 %

RDVY stock opened at $44.11 on Friday. First Trust Rising Dividend Achievers ETF has a 12-month low of $39.87 and a 12-month high of $53.21. The stock’s 50 day simple moving average is $43.53 and its 200 day simple moving average is $45.33.

First Trust Rising Dividend Achievers ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 30th. Investors of record on Monday, June 27th were given a $0.222 dividend. The ex-dividend date was Friday, June 24th. This is a boost from First Trust Rising Dividend Achievers ETF’s previous quarterly dividend of $0.15. This represents a $0.89 annualized dividend and a yield of 2.01%.

See Also

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

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