Clay Northam Wealth Management LLC lowered its position in shares of Ardelyx, Inc. (NASDAQ:ARDX – Free Report) by 1.7% during the 2nd quarter, HoldingsChannel.com reports. Ardelyx makes up about 0.9% of Clay Northam Wealth Management LLC’s portfolio, making the stock its 21st biggest position. Cyndeo Wealth Partners LLC purchased a new position in Ardelyx during the 1st quarter valued at about $49,000. Merit Financial Group LLC bought a new stake in Ardelyx during the first quarter valued at about $75,000. Following the completion of the transaction, the chief executive officer directly owned 1,502,250 shares in the company, valued at $8,908,342.50.