Resolute Wealth Strategies LLC Grows Holdings in FT Vest S&P 500 Dividend Aristocrats Target Income ETF $KNG

Resolute Wealth Strategies LLC raised its stake in FT Vest S&P 500 Dividend Aristocrats Target Income ETF (BATS:KNG) by 63.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 30,354 shares of the company’s stock after buying an additional 11,804 shares during the period. Resolute Wealth Strategies LLC’s holdings in FT Vest S&P 500 Dividend Aristocrats Target Income ETF were worth $1,479,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in KNG. Anchor Investment Management LLC purchased a new stake in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF during the 1st quarter valued at $30,000. AdvisorNet Financial Inc purchased a new position in FT Vest S&P 500 Dividend Aristocrats Target Income ETF in the first quarter worth $48,000. JPMorgan Chase & Co. grew its position in FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 846.6% in the second quarter. JPMorgan Chase & Co. now owns 975 shares of the company’s stock worth $48,000 after acquiring an additional 872 shares in the last quarter. Claris Financial LLC bought a new position in FT Vest S&P 500 Dividend Aristocrats Target Income ETF in the fourth quarter valued at $207,000. Finally, DB&C Advisors LLC bought a new position in FT Vest S&P 500 Dividend Aristocrats Target Income ETF in the fourth quarter valued at $235,000.

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

BATS KNG opened at $51.06 on Monday. The stock’s 50-day simple moving average is $49.69 and its two-hundred day simple moving average is $50.09. FT Vest S&P 500 Dividend Aristocrats Target Income ETF has a twelve month low of $47.68 and a twelve month high of $53.20. The company has a market capitalization of $3.92 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 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. KNG was launched on Mar 26, 2018 and is managed by First Trust.