FT Vest S&P 500 Dividend Aristocrats Target Income ETF (BATS:KNG) Position Boosted by NBC Securities Inc.

NBC Securities Inc. lifted its stake in FT Vest S&P 500 Dividend Aristocrats Target Income ETF (BATS:KNG) by 18.0% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 31,674 shares of the company’s stock after purchasing an additional 4,842 shares during the quarter. NBC Securities Inc. owned 0.06% of FT Vest S&P 500 Dividend Aristocrats Target Income ETF worth $1,725,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in KNG. Sunbelt Securities Inc. grew its stake in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 53.2% in the 2nd quarter. Sunbelt Securities Inc. now owns 6,256 shares of the company’s stock valued at $316,000 after buying an additional 2,172 shares in the last quarter. Argent Advisors Inc. lifted its stake in FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 4.5% in the second quarter. Argent Advisors Inc. now owns 92,487 shares of the company’s stock valued at $4,672,000 after acquiring an additional 3,944 shares during the last quarter. Nations Financial Group Inc. IA ADV grew its position in FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 45.8% in the second quarter. Nations Financial Group Inc. IA ADV now owns 71,719 shares of the company’s stock worth $3,623,000 after acquiring an additional 22,530 shares in the last quarter. Arkadios Wealth Advisors increased its stake in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 6.3% during the 2nd quarter. Arkadios Wealth Advisors now owns 318,595 shares of the company’s stock worth $16,095,000 after purchasing an additional 18,832 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. raised its holdings in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 25.3% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 428,996 shares of the company’s stock valued at $21,673,000 after purchasing an additional 86,548 shares in the last quarter.

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

KNG stock opened at $54.66 on Wednesday. The firm has a market cap of $2.86 billion, a price-to-earnings ratio of 22.30 and a beta of 0.66. The firm has a 50-day simple moving average of $53.43 and a two-hundred day simple moving average of $52.25.

FT Vest S&P 500 Dividend Aristocrats Target Income ETF 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.