Rockport Wealth LLC Has $6 Million Stock Holdings in First Trust Rising Dividend Achievers ETF $RDVY

Rockport Wealth LLC lessened its holdings in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 13.6% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 86,393 shares of the company’s stock after selling 13,586 shares during the period. First Trust Rising Dividend Achievers ETF makes up approximately 1.2% of Rockport Wealth LLC’s holdings, making the stock its 22nd largest position. Rockport Wealth LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $6,002,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Quad Cities Investment Group LLC increased its stake in First Trust Rising Dividend Achievers ETF by 0.7% during the fourth quarter. Quad Cities Investment Group LLC now owns 21,219 shares of the company’s stock valued at $1,474,000 after acquiring an additional 157 shares during the period. Allworth Financial LP increased its stake in First Trust Rising Dividend Achievers ETF by 0.3% during the third quarter. Allworth Financial LP now owns 59,767 shares of the company’s stock valued at $4,020,000 after acquiring an additional 159 shares during the period. Howard Bailey Securities LLC increased its stake in First Trust Rising Dividend Achievers ETF by 4.6% during the third quarter. Howard Bailey Securities LLC now owns 3,673 shares of the company’s stock valued at $247,000 after acquiring an additional 160 shares during the period. Insigneo Advisory Services LLC increased its stake in First Trust Rising Dividend Achievers ETF by 0.8% during the third quarter. Insigneo Advisory Services LLC now owns 19,956 shares of the company’s stock valued at $1,342,000 after acquiring an additional 163 shares during the period. Finally, Proactive Wealth Strategies LLC increased its stake in First Trust Rising Dividend Achievers ETF by 0.3% during the third quarter. Proactive Wealth Strategies LLC now owns 64,148 shares of the company’s stock valued at $4,315,000 after acquiring an additional 174 shares during the period.

First Trust Rising Dividend Achievers ETF Stock Up 0.2%

Shares of RDVY opened at $73.78 on Tuesday. First Trust Rising Dividend Achievers ETF has a 12-month low of $59.01 and a 12-month high of $75.75. The firm has a market capitalization of $21.67 billion, a price-to-earnings ratio of 15.46 and a beta of 1.02. The stock’s 50-day moving average price is $71.63 and its 200 day moving average price is $70.77.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were paid 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.

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.