First Trust Rising Dividend Achievers ETF $RDVY Stock Position Boosted by LeClair Wealth Partners LLC

LeClair Wealth Partners LLC raised its position in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 7.1% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 103,630 shares of the company’s stock after acquiring an additional 6,913 shares during the period. First Trust Rising Dividend Achievers ETF accounts for about 4.3% of LeClair Wealth Partners LLC’s portfolio, making the stock its 5th largest position. LeClair Wealth Partners LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $6,970,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in RDVY. Confluence Wealth Services Inc. raised its position in shares of First Trust Rising Dividend Achievers ETF by 1.2% during the 3rd quarter. Confluence Wealth Services Inc. now owns 12,638 shares of the company’s stock valued at $850,000 after buying an additional 153 shares during the period. Howard Bailey Securities LLC grew its position in First Trust Rising Dividend Achievers ETF by 4.6% in the third quarter. Howard Bailey Securities LLC now owns 3,673 shares of the company’s stock worth $247,000 after acquiring an additional 160 shares during the period. Centerpoint Advisory Group increased its stake in First Trust Rising Dividend Achievers ETF by 0.5% during the second quarter. Centerpoint Advisory Group now owns 33,586 shares of the company’s stock worth $2,107,000 after acquiring an additional 172 shares during the last quarter. Proactive Wealth Strategies LLC raised its position in First Trust Rising Dividend Achievers ETF by 0.3% in the third quarter. Proactive Wealth Strategies LLC now owns 64,148 shares of the company’s stock valued at $4,315,000 after purchasing an additional 174 shares during the period. Finally, HBK Sorce Advisory LLC raised its position in First Trust Rising Dividend Achievers ETF by 1.4% in the third quarter. HBK Sorce Advisory LLC now owns 12,857 shares of the company’s stock valued at $865,000 after purchasing an additional 183 shares during the period.

First Trust Rising Dividend Achievers ETF Trading Up 0.2%

NASDAQ RDVY opened at $73.19 on Friday. The stock has a fifty day simple moving average of $71.87 and a 200-day simple moving average of $68.68. The stock has a market cap of $20.65 billion, a PE ratio of 15.46 and a beta of 1.10. First Trust Rising Dividend Achievers ETF has a twelve month low of $50.27 and a twelve month high of $73.54.

First Trust Rising Dividend Achievers ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were paid a dividend of $0.1996 per share. This represents a $0.80 annualized dividend and a yield of 1.1%. This is a boost from First Trust Rising Dividend Achievers ETF’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend was Friday, December 12th.

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.