SlateStone Wealth LLC Acquires 4,763 Shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF (BATS:KNG)

SlateStone Wealth LLC raised its holdings in FT Vest S&P 500 Dividend Aristocrats Target Income ETF (BATS:KNG) by 2.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 169,319 shares of the company’s stock after buying an additional 4,763 shares during the period. FT Vest S&P 500 Dividend Aristocrats Target Income ETF comprises about 0.9% of SlateStone Wealth LLC’s holdings, making the stock its 24th largest position. SlateStone Wealth LLC owned approximately 0.32% of FT Vest S&P 500 Dividend Aristocrats Target Income ETF worth $8,554,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. Cambridge Investment Research Advisors Inc. raised its holdings in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 273.1% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 340,782 shares of the company’s stock valued at $17,612,000 after purchasing an additional 249,438 shares during the last quarter. Argent Advisors Inc. purchased a new stake in FT Vest S&P 500 Dividend Aristocrats Target Income ETF during the first quarter worth about $4,756,000. Cullen Capital Management LLC purchased a new stake in FT Vest S&P 500 Dividend Aristocrats Target Income ETF during the fourth quarter worth about $4,316,000. Janney Montgomery Scott LLC increased its holdings in FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 33.8% during the first quarter. Janney Montgomery Scott LLC now owns 209,492 shares of the company’s stock worth $11,252,000 after buying an additional 52,956 shares during the last quarter. Finally, Triumph Capital Management increased its holdings in FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 116.7% during the first quarter. Triumph Capital Management now owns 45,304 shares of the company’s stock worth $2,424,000 after buying an additional 24,396 shares during the last quarter.

FT Vest S&P 500 Dividend Aristocrats Target Income ETF Stock Performance

BATS:KNG traded up $0.14 on Monday, reaching $53.28. 247,725 shares of the company’s stock were exchanged. The firm has a market capitalization of $2.79 billion, a price-to-earnings ratio of 22.30 and a beta of 0.66. The company has a 50 day moving average of $51.59 and a two-hundred day moving average of $51.83.

FT Vest S&P 500 Dividend Aristocrats Target Income ETF Company Profile

The FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an equal-weighted index of US large-cap companies that have increased dividends for at least 25 years, with a partial overlay of covered call options.