Sound Income Strategies LLC Increases Position in FT Vest S&P 500 Dividend Aristocrats Target Income ETF $KNG

Sound Income Strategies LLC increased its stake in FT Vest S&P 500 Dividend Aristocrats Target Income ETF (BATS:KNG) by 118,221.1% in the fourth quarter, HoldingsChannel.com reports. The firm owned 22,481 shares of the company’s stock after acquiring an additional 22,462 shares during the quarter. Sound Income Strategies LLC’s holdings in FT Vest S&P 500 Dividend Aristocrats Target Income ETF were worth $1,152,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Trust Co. of Vermont purchased a new position in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF in the 3rd quarter valued at about $30,000. JPMorgan Chase & Co. increased its holdings in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 846.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 975 shares of the company’s stock valued at $48,000 after purchasing an additional 872 shares in the last quarter. Pinnacle Bancorp Inc. increased its holdings in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 57.8% in the 3rd quarter. Pinnacle Bancorp Inc. now owns 5,912 shares of the company’s stock valued at $292,000 after purchasing an additional 2,165 shares in the last quarter. Share Andrew L. purchased a new position in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF in the 3rd quarter valued at about $345,000. Finally, Kingswood Wealth Advisors LLC increased its holdings in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 115.8% in the 3rd quarter. Kingswood Wealth Advisors LLC now owns 8,911 shares of the company’s stock valued at $439,000 after purchasing an additional 4,781 shares in the last quarter.

FT Vest S&P 500 Dividend Aristocrats Target Income ETF Trading Down 0.4%

Shares of BATS KNG opened at $48.55 on Wednesday. The stock has a market cap of $3.73 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 52 week low of $44.63 and a 52 week high of $53.20. The company’s 50-day moving average price is $50.70 and its 200 day moving average price is $49.81.

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