Rockport Wealth LLC Sells 13,586 Shares of First Trust Rising Dividend Achievers ETF $RDVY

Rockport Wealth LLC reduced its stake in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 13.6% during the 4th quarter, HoldingsChannel reports. The firm owned 86,393 shares of the company’s stock after selling 13,586 shares during the quarter. First Trust Rising Dividend Achievers ETF makes up approximately 1.2% of Rockport Wealth LLC’s holdings, making the stock its 22nd biggest holding. Rockport Wealth LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $6,002,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Balefire LLC grew its stake in shares of First Trust Rising Dividend Achievers ETF by 32.1% in the 4th quarter. Balefire LLC now owns 39,521 shares of the company’s stock valued at $2,746,000 after purchasing an additional 9,594 shares during the period. Ashton Thomas Private Wealth LLC grew its stake in shares of First Trust Rising Dividend Achievers ETF by 27.6% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 34,134 shares of the company’s stock valued at $2,296,000 after purchasing an additional 7,379 shares during the period. Atria Investments Inc grew its stake in shares of First Trust Rising Dividend Achievers ETF by 7.1% in the 3rd quarter. Atria Investments Inc now owns 193,425 shares of the company’s stock valued at $13,010,000 after purchasing an additional 12,843 shares during the period. Cozad Asset Management Inc. grew its stake in shares of First Trust Rising Dividend Achievers ETF by 9.3% in the 3rd quarter. Cozad Asset Management Inc. now owns 108,125 shares of the company’s stock valued at $7,272,000 after purchasing an additional 9,181 shares during the period. Finally, BankPlus Wealth Management LLC grew its stake in shares of First Trust Rising Dividend Achievers ETF by 35.6% in the 3rd quarter. BankPlus Wealth Management LLC now owns 37,597 shares of the company’s stock valued at $2,529,000 after purchasing an additional 9,866 shares during the period.

First Trust Rising Dividend Achievers ETF Trading Up 0.2%

RDVY stock opened at $73.78 on Tuesday. First Trust Rising Dividend Achievers ETF has a 1-year low of $59.01 and a 1-year high of $75.75. The firm has a market cap of $21.67 billion, a P/E ratio of 15.46 and a beta of 1.02. The business’s 50 day moving average is $71.63 and its 200-day moving average is $70.77.

First Trust Rising Dividend Achievers ETF Cuts Dividend

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