Synergy Investment Management LLC Buys New Position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Synergy Investment Management LLC purchased a new position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) in the fourth quarter, HoldingsChannel.com reports. The firm purchased 9,013 shares of the company’s stock, valued at approximately $533,000.

Several other large investors also recently bought and sold shares of the company. MBE Wealth Management LLC increased its position in shares of First Trust NASDAQ Rising Dividend Achievers by 4.2% during the fourth quarter. MBE Wealth Management LLC now owns 4,057 shares of the company’s stock worth $240,000 after acquiring an additional 163 shares during the last quarter. Trueblood Wealth Management LLC boosted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 1.4% during the 4th quarter. Trueblood Wealth Management LLC now owns 12,233 shares of the company’s stock valued at $723,000 after buying an additional 167 shares during the last quarter. Financial Services Advisory Inc grew its position in shares of First Trust NASDAQ Rising Dividend Achievers by 1.2% during the third quarter. Financial Services Advisory Inc now owns 14,883 shares of the company’s stock worth $881,000 after buying an additional 170 shares in the last quarter. Pacific Sun Financial Corp increased its stake in shares of 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 buying an additional 170 shares during the last quarter. Finally, Crewe Advisors LLC raised 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 valued at $97,000 after acquiring an additional 182 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Price Performance

Shares of RDVY stock opened at $60.34 on Tuesday. The firm has a fifty day moving average of $61.41 and a two-hundred day moving average of $60.49. The firm has a market cap of $13.16 billion, a P/E ratio of 14.00 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 1-year low of $52.78 and a 1-year high of $64.63.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were paid 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.