Rockport Wealth LLC Has $6.97 Million Stock Holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Rockport Wealth LLC boosted its holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 8.6% in the fourth quarter, HoldingsChannel reports. The firm owned 118,140 shares of the company’s stock after purchasing an additional 9,309 shares during the period. First Trust NASDAQ Rising Dividend Achievers makes up about 3.1% of Rockport Wealth LLC’s investment portfolio, making the stock its 4th biggest holding. Rockport Wealth LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $6,967,000 as of its most recent filing with the SEC.

A number of other hedge funds have also added to or reduced their stakes in the business. MBE Wealth Management LLC increased its holdings in First Trust NASDAQ Rising Dividend Achievers by 4.2% in the fourth quarter. MBE Wealth Management LLC now owns 4,057 shares of the company’s stock worth $240,000 after purchasing an additional 163 shares in the last quarter. Trueblood Wealth Management LLC increased its holdings in First Trust NASDAQ Rising Dividend Achievers by 1.4% in the fourth quarter. Trueblood Wealth Management LLC now owns 12,233 shares of the company’s stock worth $723,000 after purchasing an additional 167 shares in the last quarter. Pacific Sun Financial Corp increased its holdings in First Trust NASDAQ Rising Dividend Achievers by 2.9% in the fourth quarter. Pacific Sun Financial Corp now owns 6,090 shares of the company’s stock worth $360,000 after purchasing an additional 170 shares in the last quarter. Crewe Advisors LLC increased its holdings in First Trust NASDAQ Rising Dividend Achievers by 12.5% in the third quarter. Crewe Advisors LLC now owns 1,635 shares of the company’s stock worth $97,000 after purchasing an additional 182 shares in the last quarter. Finally, L & S Advisors Inc increased its holdings in First Trust NASDAQ Rising Dividend Achievers by 1.0% in the third quarter. L & S Advisors Inc now owns 19,350 shares of the company’s stock worth $1,146,000 after purchasing an additional 197 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

Shares of First Trust NASDAQ Rising Dividend Achievers stock opened at $58.45 on Monday. First Trust NASDAQ Rising Dividend Achievers has a 52 week low of $52.78 and a 52 week high of $64.63. The stock has a 50 day moving average price of $61.27 and a two-hundred day moving average price of $60.57. The stock has a market capitalization of $12.75 billion, a PE ratio of 14.78 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers 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.