Synovus Financial Corp Has $510,000 Stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Synovus Financial Corp lifted its stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 56.9% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 8,612 shares of the company’s stock after buying an additional 3,124 shares during the period. Synovus Financial Corp’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $510,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Headlands Technologies LLC acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the 2nd quarter worth approximately $29,000. Kings Path Partners LLC acquired a new stake in First Trust NASDAQ Rising Dividend Achievers in the 2nd quarter valued at $31,000. Rothschild Investment LLC acquired a new stake in First Trust NASDAQ Rising Dividend Achievers in the 2nd quarter valued at $34,000. Hazlett Burt & Watson Inc. grew its position in First Trust NASDAQ Rising Dividend Achievers by 54.2% in the 2nd quarter. Hazlett Burt & Watson Inc. now owns 740 shares of the company’s stock valued at $40,000 after purchasing an additional 260 shares during the period. Finally, Crewe Advisors LLC grew its position in First Trust NASDAQ Rising Dividend Achievers by 92.5% in the 2nd quarter. Crewe Advisors LLC now owns 1,453 shares of the company’s stock valued at $80,000 after purchasing an additional 698 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Trading Down 0.8 %

NASDAQ RDVY opened at $60.79 on Wednesday. The company has a fifty day simple moving average of $61.63 and a 200 day simple moving average of $58.32. First Trust NASDAQ Rising Dividend Achievers has a 12-month low of $49.60 and a 12-month high of $64.63. The company has a market cap of $12.53 billion, a P/E ratio of 10.08 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be given a $0.2956 dividend. The ex-dividend date of this dividend is 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.