Resolute Wealth Strategies LLC Raises Holdings in FT Vest S&P 500 Dividend Aristocrats Target Income ETF (BATS:KNG)

Resolute Wealth Strategies LLC increased its position in FT Vest S&P 500 Dividend Aristocrats Target Income ETF (BATS:KNG) by 64.5% in the 4th quarter, HoldingsChannel reports. The fund owned 9,302 shares of the company’s stock after purchasing an additional 3,646 shares during the period. Resolute Wealth Strategies LLC’s holdings in FT Vest S&P 500 Dividend Aristocrats Target Income ETF were worth $467,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in KNG. Thurston Springer Miller Herd & Titak Inc. boosted its position in FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 47.6% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,868 shares of the company’s stock worth $94,000 after purchasing an additional 602 shares during the period. ORG Partners LLC bought a new stake in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF in the fourth quarter valued at approximately $38,000. MassMutual Private Wealth & Trust FSB purchased a new stake in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF during the 4th quarter valued at approximately $63,000. Strategic Blueprint LLC boosted its holdings in FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 19.8% in the 4th quarter. Strategic Blueprint LLC now owns 14,144 shares of the company’s stock worth $710,000 after buying an additional 2,334 shares during the period. Finally, Sunbelt Securities Inc. grew its stake in FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 43.1% in the 3rd quarter. Sunbelt Securities Inc. now owns 8,952 shares of the company’s stock valued at $488,000 after buying an additional 2,696 shares in the last quarter.

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

Shares of KNG stock opened at $51.32 on Tuesday. The company has a market cap of $3.70 billion, a PE ratio of 22.24 and a beta of 0.91. The firm’s 50-day simple moving average is $50.70 and its two-hundred day simple moving average is $52.48.

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