First Trust S&P 500 Diversified Dividend Aristocrats ETF Plans Quarterly Dividend of $0.16 (NASDAQ:KNGZ)

First Trust S&P 500 Diversified Dividend Aristocrats ETF (NASDAQ:KNGZ) declared a quarterly dividend on Wednesday, March 25th, NASDAQ Dividends reports. Stockholders of record on Thursday, March 26th will be paid a dividend of 0.1589 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend is Thursday, March 26th.

First Trust S&P 500 Diversified Dividend Aristocrats ETF Stock Down 1.0%

KNGZ stock traded down $0.37 during trading on Thursday, hitting $35.92. The company had a trading volume of 6,063 shares, compared to its average volume of 7,384. The firm has a market cap of $55.68 million, a PE ratio of 16.58 and a beta of 0.92. The firm has a 50-day moving average price of $37.43 and a 200-day moving average price of $36.31. First Trust S&P 500 Diversified Dividend Aristocrats ETF has a 1-year low of $27.61 and a 1-year high of $39.08.

Institutional Trading of First Trust S&P 500 Diversified Dividend Aristocrats ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in KNGZ. Farther Finance Advisors LLC lifted its holdings in shares of First Trust S&P 500 Diversified Dividend Aristocrats ETF by 317.4% during the 4th quarter. Farther Finance Advisors LLC now owns 1,173 shares of the company’s stock worth $42,000 after acquiring an additional 892 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of First Trust S&P 500 Diversified Dividend Aristocrats ETF during the 2nd quarter worth $45,000. Sound Income Strategies LLC purchased a new position in shares of First Trust S&P 500 Diversified Dividend Aristocrats ETF in the 4th quarter worth $55,000. Kestra Advisory Services LLC purchased a new position in shares of First Trust S&P 500 Diversified Dividend Aristocrats ETF in the 4th quarter worth $77,000. Finally, Darwin Wealth Management LLC acquired a new position in First Trust S&P 500 Diversified Dividend Aristocrats ETF in the second quarter valued at $114,000.

About First Trust S&P 500 Diversified Dividend Aristocrats ETF

The First Trust S&P 500 Diversified Dividend Aristocrats ETF (KNGZ) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks a sector-neutral US large-cap index selected and weighted based on dividend history and yield. KNGZ was launched on Jun 20, 2017 and is issued by First Trust.