Janney Montgomery Scott LLC Grows Stock Holdings in FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF (BATS:KNG)

Posted by Defense World Staff on Jul 23rd, 2023

Janney Montgomery Scott LLC increased its stake in shares of FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF (BATS:KNG – Free Report) by 46.6% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 112,776 shares of the company’s stock after purchasing an additional 35,826 shares during the period. Janney Montgomery Scott LLC owned approximately 0.98% of FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF worth $5,801,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the stock. Cambridge Investment Research Advisors Inc. grew its position in FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF by 10.6% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 26,880 shares of the company’s stock valued at $1,373,000 after buying an additional 2,576 shares during the period. 1776 Wealth LLC grew its position in FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF by 13.0% during the fourth quarter. 1776 Wealth LLC now owns 14,306 shares of the company’s stock valued at $731,000 after buying an additional 1,650 shares during the period. Captrust Financial Advisors bought a new stake in FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF during the third quarter valued at approximately $411,000. True Capital Management bought a new stake in FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF during the fourth quarter valued at approximately $264,000. Finally, Private Trust Co. NA bought a new stake in FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF during the fourth quarter valued at approximately $26,000.

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

Shares of BATS KNG opened at $54.01 on Friday. The company has a market capitalization of $709.15 million, a price-to-earnings ratio of 18.58 and a beta of 0.88. The firm’s 50-day simple moving average is $51.97 and its 200 day simple moving average is $51.75.

FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, June 30th. Shareholders of record on Wednesday, June 28th were given a $0.507 dividend. The ex-dividend date of this dividend was Tuesday, June 27th.

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

(Free Report)

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.