SlateStone Wealth LLC Acquires 28,675 Shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF (BATS:KNG)

SlateStone Wealth LLC raised its position in FT Vest S&P 500 Dividend Aristocrats Target Income ETF (BATS:KNG) by 15.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 211,742 shares of the company’s stock after purchasing an additional 28,675 shares during the quarter. FT Vest S&P 500 Dividend Aristocrats Target Income ETF accounts for approximately 1.0% of SlateStone Wealth LLC’s holdings, making the stock its 28th largest holding. SlateStone Wealth LLC owned 0.40% of FT Vest S&P 500 Dividend Aristocrats Target Income ETF worth $10,632,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of KNG. Nations Financial Group Inc. IA ADV raised its stake in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 35.4% in the 4th quarter. Nations Financial Group Inc. IA ADV now owns 108,966 shares of the company’s stock valued at $5,471,000 after purchasing an additional 28,481 shares during the period. Farther Finance Advisors LLC raised its stake in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 40,321.4% in the 4th quarter. Farther Finance Advisors LLC now owns 22,636 shares of the company’s stock valued at $1,137,000 after purchasing an additional 22,580 shares during the period. Arkadios Wealth Advisors raised its stake in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 3.6% in the 4th quarter. Arkadios Wealth Advisors now owns 373,780 shares of the company’s stock valued at $18,767,000 after purchasing an additional 12,869 shares during the period. Private Trust Co. NA raised its stake in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 67.4% in the 4th quarter. Private Trust Co. NA now owns 31,419 shares of the company’s stock valued at $1,578,000 after purchasing an additional 12,654 shares during the period. Finally, Pinnacle Bancorp Inc. raised its stake in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 7,872.3% in the 4th quarter. Pinnacle Bancorp Inc. now owns 3,747 shares of the company’s stock valued at $188,000 after purchasing an additional 3,700 shares during the period.

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

KNG opened at $50.19 on Friday. The firm has a 50-day moving average price of $50.75 and a 200-day moving average price of $52.35. The firm has a market cap of $3.66 billion, a P/E ratio of 23.29 and a beta of 0.90.

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.