Cyndeo Wealth Partners LLC Grows Stock Position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Cyndeo Wealth Partners LLC grew its holdings in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 20.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 7,597 shares of the company’s stock after purchasing an additional 1,287 shares during the quarter. Cyndeo Wealth Partners LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $449,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. LPL Financial LLC increased its position in shares of First Trust NASDAQ Rising Dividend Achievers by 4.9% during the 3rd quarter. LPL Financial LLC now owns 20,326,430 shares of the company’s stock valued at $1,203,528,000 after purchasing an additional 953,708 shares during the last quarter. International Assets Investment Management LLC increased its holdings in First Trust NASDAQ Rising Dividend Achievers by 5,796.9% in the 3rd quarter. International Assets Investment Management LLC now owns 6,803,294 shares of the company’s stock worth $402,823,000 after acquiring an additional 6,687,924 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings in First Trust NASDAQ Rising Dividend Achievers by 12.9% in the 3rd quarter. Commonwealth Equity Services LLC now owns 5,230,868 shares of the company’s stock worth $309,720,000 after acquiring an additional 596,099 shares in the last quarter. Cetera Investment Advisers increased its holdings in First Trust NASDAQ Rising Dividend Achievers by 10.3% in the 2nd quarter. Cetera Investment Advisers now owns 2,496,225 shares of the company’s stock worth $136,668,000 after acquiring an additional 232,129 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in First Trust NASDAQ Rising Dividend Achievers by 4.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,862,913 shares of the company’s stock worth $101,994,000 after acquiring an additional 71,047 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Trading Down 0.6 %

First Trust NASDAQ Rising Dividend Achievers stock opened at $62.52 on Friday. The firm has a 50 day moving average of $61.46 and a 200 day moving average of $59.40. The firm has a market capitalization of $13.55 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 12-month low of $50.24 and a 12-month high of $64.63.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a $0.2956 dividend. The ex-dividend date was Friday, December 13th.

First Trust NASDAQ Rising Dividend Achievers 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.