Kingsview Wealth Management LLC Has $16.39 Million Stock Holdings in First Trust Rising Dividend Achievers ETF $RDVY

Kingsview Wealth Management LLC raised its holdings in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 81.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 235,918 shares of the company’s stock after purchasing an additional 105,911 shares during the quarter. Kingsview Wealth Management LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $16,389,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Financial Perspectives Inc acquired a new stake in shares of First Trust Rising Dividend Achievers ETF in the 4th quarter valued at $26,000. Trust Co. of Vermont acquired a new stake in shares of First Trust Rising Dividend Achievers ETF during the 4th quarter valued at $27,000. Cullen Frost Bankers Inc. acquired a new stake in shares of First Trust Rising Dividend Achievers ETF during the 3rd quarter valued at $28,000. United Community Bank acquired a new stake in shares of First Trust Rising Dividend Achievers ETF during the 4th quarter valued at $28,000. Finally, Lloyd Advisory Services LLC. acquired a new stake in shares of First Trust Rising Dividend Achievers ETF during the 4th quarter valued at $36,000.

First Trust Rising Dividend Achievers ETF Stock Down 0.9%

NASDAQ RDVY opened at $75.69 on Thursday. First Trust Rising Dividend Achievers ETF has a twelve month low of $59.67 and a twelve month high of $76.57. The company has a market cap of $22.23 billion, a price-to-earnings ratio of 15.46 and a beta of 1.02. The business’s fifty day moving average is $72.44 and its 200 day moving average is $71.15.

First Trust Rising Dividend Achievers ETF Cuts Dividend

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

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.