Ameriprise Financial Inc. Buys New Holdings in FT Vest S&P 500 Dividend Aristocrats Target Income ETF (BATS:KNG)

Ameriprise Financial Inc. purchased a new position in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF (BATS:KNG) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 15,164 shares of the company’s stock, valued at approximately $761,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Nations Financial Group Inc. IA ADV boosted its holdings in FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 35.4% during the fourth quarter. Nations Financial Group Inc. IA ADV now owns 108,966 shares of the company’s stock valued at $5,471,000 after purchasing an additional 28,481 shares in the last quarter. Private Trust Co. NA lifted its position in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 67.4% during the 4th quarter. Private Trust Co. NA now owns 31,419 shares of the company’s stock worth $1,578,000 after buying an additional 12,654 shares during the period. Resolute Wealth Strategies LLC boosted its stake in FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 64.5% in the 4th quarter. Resolute Wealth Strategies LLC now owns 9,302 shares of the company’s stock valued at $467,000 after buying an additional 3,646 shares in the last quarter. Farther Finance Advisors LLC grew its position in FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 40,321.4% in the fourth quarter. Farther Finance Advisors LLC now owns 22,636 shares of the company’s stock valued at $1,137,000 after acquiring an additional 22,580 shares during the period. Finally, SlateStone Wealth LLC raised its stake in FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 15.7% during the fourth quarter. SlateStone Wealth LLC now owns 211,742 shares of the company’s stock worth $10,632,000 after acquiring an additional 28,675 shares in the last quarter.

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

Shares of BATS KNG opened at $48.94 on Tuesday. FT Vest S&P 500 Dividend Aristocrats Target Income ETF has a 52-week low of $44.63 and a 52-week high of $55.50. The business has a fifty day moving average of $48.47 and a two-hundred day moving average of $50.35. The stock has a market cap of $3.72 billion, a PE ratio of 22.91 and a beta of 0.85.

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.