First Trust S&P 500 Diversified Dividend Aristocrats ETF (NASDAQ:KNGZ) Shares Acquired by Kovack Advisors Inc.

Kovack Advisors Inc. lifted its holdings in First Trust S&P 500 Diversified Dividend Aristocrats ETF (NASDAQ:KNGZ) by 100.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 36,000 shares of the company’s stock after buying an additional 18,000 shares during the period. Kovack Advisors Inc.’s holdings in First Trust S&P 500 Diversified Dividend Aristocrats ETF were worth $1,160,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. D.A. Davidson & CO. raised its holdings in First Trust S&P 500 Diversified Dividend Aristocrats ETF by 88.7% in the 4th quarter. D.A. Davidson & CO. now owns 63,997 shares of the company’s stock valued at $2,062,000 after acquiring an additional 30,079 shares during the last quarter. Woodmont Investment Counsel LLC purchased a new stake in shares of First Trust S&P 500 Diversified Dividend Aristocrats ETF in the third quarter valued at approximately $372,000. International Assets Investment Management LLC acquired a new stake in shares of First Trust S&P 500 Diversified Dividend Aristocrats ETF in the fourth quarter valued at approximately $233,000. Darwin Wealth Management LLC purchased a new position in First Trust S&P 500 Diversified Dividend Aristocrats ETF during the third quarter worth approximately $111,000. Finally, Tandem Financial LLC acquired a new position in First Trust S&P 500 Diversified Dividend Aristocrats ETF during the fourth quarter worth $32,000.

First Trust S&P 500 Diversified Dividend Aristocrats ETF Stock Down 1.0 %

Shares of NASDAQ:KNGZ opened at $33.43 on Friday. First Trust S&P 500 Diversified Dividend Aristocrats ETF has a 52-week low of $29.87 and a 52-week high of $35.34. The stock has a market cap of $48.47 million, a P/E ratio of 15.51 and a beta of 0.83. The business has a fifty day moving average of $33.03 and a two-hundred day moving average of $33.56.

First Trust S&P 500 Diversified Dividend Aristocrats ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were given a dividend of $0.2663 per share. The ex-dividend date of this dividend was Friday, December 13th.

First Trust S&P 500 Diversified Dividend Aristocrats ETF Company Profile

The First Trust S&P 500 Diversified Dividend Aristocrats ETF (KNGZ) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks a sector-neutral US large-cap index selected and weighted based on dividend history and yield. KNGZ was launched on Jun 20, 2017 and is issued by First Trust.