Cambridge Investment Research Advisors Inc. Acquires 5,075 Shares of First Trust S&P 500 Diversified Dividend Aristocrats ETF (NASDAQ:KNGZ)

Cambridge Investment Research Advisors Inc. lifted its stake in First Trust S&P 500 Diversified Dividend Aristocrats ETF (NASDAQ:KNGZ) by 78.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 11,566 shares of the company’s stock after purchasing an additional 5,075 shares during the period. Cambridge Investment Research Advisors Inc. owned 0.80% of First Trust S&P 500 Diversified Dividend Aristocrats ETF worth $373,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of KNGZ. Woodmont Investment Counsel LLC boosted its holdings in shares of First Trust S&P 500 Diversified Dividend Aristocrats ETF by 20.9% in the first quarter. Woodmont Investment Counsel LLC now owns 18,446 shares of the company’s stock worth $594,000 after buying an additional 3,190 shares during the last quarter. Janney Montgomery Scott LLC bought a new stake in First Trust S&P 500 Diversified Dividend Aristocrats ETF in the first quarter worth $342,000. Signal Advisors Wealth LLC bought a new stake in First Trust S&P 500 Diversified Dividend Aristocrats ETF in the first quarter worth $939,000. NBC Securities Inc. increased its position in First Trust S&P 500 Diversified Dividend Aristocrats ETF by 121,168.8% during the first quarter. NBC Securities Inc. now owns 19,403 shares of the company’s stock valued at $624,000 after acquiring an additional 19,387 shares during the last quarter. Finally, Cetera Investment Advisers increased its position in First Trust S&P 500 Diversified Dividend Aristocrats ETF by 5.6% during the fourth quarter. Cetera Investment Advisers now owns 9,682 shares of the company’s stock valued at $312,000 after acquiring an additional 513 shares during the last quarter.

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

NASDAQ:KNGZ opened at $34.23 on Friday. First Trust S&P 500 Diversified Dividend Aristocrats ETF has a 1-year low of $27.61 and a 1-year high of $35.34. The company has a 50-day moving average of $32.86 and a 200 day moving average of $32.36. The firm has a market cap of $51.35 million, a PE ratio of 16.58 and a beta of 0.92.

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

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Thursday, June 26th were issued a dividend of $0.2429 per share. The ex-dividend date was Thursday, June 26th. This represents a $0.97 annualized dividend and a dividend yield of 2.84%. This is an increase from First Trust S&P 500 Diversified Dividend Aristocrats ETF’s previous quarterly dividend of $0.16.

First Trust S&P 500 Diversified Dividend Aristocrats ETF 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.