Citadel Advisors LLC Invests $1.50 Million in First Trust S&P 500 Diversified Dividend Aristocrats ETF (NASDAQ:KNGZ)

Citadel Advisors LLC purchased a new stake in shares of First Trust S&P 500 Diversified Dividend Aristocrats ETF (NASDAQ:KNGZ) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 46,640 shares of the company’s stock, valued at approximately $1,503,000. Citadel Advisors LLC owned about 3.22% of First Trust S&P 500 Diversified Dividend Aristocrats ETF at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Envestnet Asset Management Inc. increased its position in First Trust S&P 500 Diversified Dividend Aristocrats ETF by 50.3% during the fourth quarter. Envestnet Asset Management Inc. now owns 21,378 shares of the company’s stock worth $689,000 after purchasing an additional 7,157 shares during the last quarter. Woodmont Investment Counsel LLC grew its stake in shares of First Trust S&P 500 Diversified Dividend Aristocrats ETF by 41.1% in the 4th quarter. Woodmont Investment Counsel LLC now owns 15,256 shares of the company’s stock valued at $492,000 after buying an additional 4,440 shares during the period. LPL Financial LLC increased its holdings in shares of First Trust S&P 500 Diversified Dividend Aristocrats ETF by 2.5% during the 4th quarter. LPL Financial LLC now owns 386,115 shares of the company’s stock worth $12,440,000 after buying an additional 9,444 shares during the last quarter. Harbour Investments Inc. acquired a new stake in shares of First Trust S&P 500 Diversified Dividend Aristocrats ETF during the 4th quarter worth approximately $192,000. Finally, Kovack Advisors Inc. raised its position in shares of First Trust S&P 500 Diversified Dividend Aristocrats ETF by 100.0% during the 4th quarter. Kovack Advisors Inc. now owns 36,000 shares of the company’s stock valued at $1,160,000 after buying an additional 18,000 shares during the period.

First Trust S&P 500 Diversified Dividend Aristocrats ETF Stock Performance

KNGZ opened at $31.82 on Monday. The stock has a market capitalization of $46.14 million, a PE ratio of 16.80 and a beta of 0.92. First Trust S&P 500 Diversified Dividend Aristocrats ETF has a one year low of $27.61 and a one year high of $35.34. The business’s 50 day moving average price is $31.02 and its 200 day moving average price is $32.54.

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

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were paid a $0.1558 dividend. This represents a $0.62 annualized dividend and a dividend yield of 1.96%. The ex-dividend date of this dividend was Thursday, March 27th.

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.