LeClair Wealth Partners LLC Purchases 6,913 Shares of First Trust Rising Dividend Achievers ETF $RDVY

LeClair Wealth Partners LLC increased its position in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 7.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund 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 makes up about 4.3% of LeClair Wealth Partners LLC’s portfolio, making the stock its 5th biggest holding. LeClair Wealth Partners LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $6,970,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. First Horizon Corp purchased a new position in shares of First Trust Rising Dividend Achievers ETF in the third quarter worth about $25,000. Cullen Frost Bankers Inc. purchased a new stake in First Trust Rising Dividend Achievers ETF in the third quarter valued at approximately $28,000. Mather Group LLC. acquired a new position in First Trust Rising Dividend Achievers ETF in the 3rd quarter worth approximately $31,000. Quaker Wealth Management LLC raised its position in First Trust Rising Dividend Achievers ETF by 200.2% during the 2nd quarter. Quaker Wealth Management LLC now owns 568 shares of the company’s stock worth $36,000 after buying an additional 1,135 shares during the last quarter. Finally, Collier Financial purchased a new position in First Trust Rising Dividend Achievers ETF during the 3rd quarter worth approximately $41,000.

First Trust Rising Dividend Achievers ETF Price Performance

RDVY stock opened at $73.19 on Friday. The firm’s fifty day simple moving average is $71.87 and its 200-day simple moving average is $68.68. The company has a market capitalization of $20.65 billion, a P/E ratio of 15.46 and a beta of 1.10. First Trust Rising Dividend Achievers ETF has a 12 month low of $50.27 and a 12 month high of $73.54.

First Trust Rising Dividend Achievers ETF Increases Dividend

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

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.