Cyndeo Wealth Partners LLC Acquires 1,287 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Cyndeo Wealth Partners LLC increased its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 20.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,597 shares of the company’s stock after purchasing an additional 1,287 shares during the period. Cyndeo Wealth Partners LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $449,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Spectrum Wealth Advisory Group LLC bought a new position in First Trust NASDAQ Rising Dividend Achievers in the 3rd quarter worth about $12,392,000. D.A. Davidson & CO. boosted its stake in First Trust NASDAQ Rising Dividend Achievers by 4.5% in the 3rd quarter. D.A. Davidson & CO. now owns 674,180 shares of the company’s stock worth $39,918,000 after purchasing an additional 29,294 shares in the last quarter. Claro Advisors LLC lifted its stake in First Trust NASDAQ Rising Dividend Achievers by 29.3% during the 3rd quarter. Claro Advisors LLC now owns 62,771 shares of the company’s stock valued at $3,717,000 after acquiring an additional 14,235 shares during the period. Elios Financial Group Inc. bought a new position in First Trust NASDAQ Rising Dividend Achievers during the 3rd quarter valued at about $6,731,000. Finally, ORG Partners LLC lifted its stake in First Trust NASDAQ Rising Dividend Achievers by 259.3% during the 4th quarter. ORG Partners LLC now owns 202,120 shares of the company’s stock valued at $11,953,000 after acquiring an additional 145,866 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

RDVY opened at $62.52 on Friday. The stock has a market capitalization of $13.55 billion, a P/E ratio of 10.08 and a beta of 1.15. The company’s 50-day simple moving average is $61.46 and its two-hundred day simple moving average is $59.40. First Trust NASDAQ Rising Dividend Achievers has a 52-week low of $50.24 and a 52-week high of $64.63.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a dividend of $0.2956 per share. The ex-dividend date of this dividend was Friday, December 13th.

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.