Bank of New York Mellon Corp Purchases Shares of 4,659 FT Vest S&P 500 Dividend Aristocrats Target Income ETF (BATS:KNG)

Bank of New York Mellon Corp purchased a new stake in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF (BATS:KNG) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 4,659 shares of the company’s stock, valued at approximately $235,000.

Other institutional investors have also added to or reduced their stakes in the company. Cambridge Investment Research Advisors Inc. lifted its position in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 19.6% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 535,490 shares of the company’s stock worth $27,053,000 after purchasing an additional 87,897 shares during the period. Coppell Advisory Solutions LLC lifted its position in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 7.6% in the 4th quarter. Coppell Advisory Solutions LLC now owns 459,914 shares of the company’s stock worth $23,033,000 after purchasing an additional 32,627 shares during the period. Argent Advisors Inc. lifted its position in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 24.0% in the 1st quarter. Argent Advisors Inc. now owns 127,106 shares of the company’s stock worth $6,421,000 after purchasing an additional 24,564 shares during the period. Baird Financial Group Inc. lifted its position in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 106.0% in the 4th quarter. Baird Financial Group Inc. now owns 103,958 shares of the company’s stock worth $5,220,000 after purchasing an additional 53,495 shares during the period. Finally, Farther Finance Advisors LLC lifted its position in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 132.4% in the 1st quarter. Farther Finance Advisors LLC now owns 52,601 shares of the company’s stock worth $2,654,000 after purchasing an additional 29,965 shares during the period.

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

Shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF stock opened at $49.42 on Wednesday. The company has a 50-day moving average of $49.38 and a 200 day moving average of $49.57. The firm has a market cap of $3.79 billion, a price-to-earnings ratio of 21.48 and a beta of 0.83. FT Vest S&P 500 Dividend Aristocrats Target Income ETF has a 1 year low of $44.63 and a 1 year high of $55.50.

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

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.