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

Synovus Financial Corp lifted its holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 56.9% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 8,612 shares of the company’s stock after acquiring an additional 3,124 shares during the period. Synovus Financial Corp’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $510,000 as of its most recent filing with the SEC.

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

First Trust NASDAQ Rising Dividend Achievers Stock Down 0.8 %

RDVY opened at $60.79 on Wednesday. First Trust NASDAQ Rising Dividend Achievers has a twelve month low of $49.60 and a twelve month high of $64.63. The company has a 50-day simple moving average of $61.63 and a 200 day simple moving average of $58.32. The stock has a market capitalization of $12.53 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be given a dividend of $0.2956 per share. The ex-dividend date 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.