SlateStone Wealth LLC Sells 11,378 Shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF $KNG

SlateStone Wealth LLC reduced its position in FT Vest S&P 500 Dividend Aristocrats Target Income ETF (BATS:KNG) by 4.4% during the fourth quarter, Holdings Channel reports. The institutional investor owned 249,208 shares of the company’s stock after selling 11,378 shares during the quarter. FT Vest S&P 500 Dividend Aristocrats Target Income ETF comprises 1.0% of SlateStone Wealth LLC’s investment portfolio, making the stock its 29th largest holding. SlateStone Wealth LLC’s holdings in FT Vest S&P 500 Dividend Aristocrats Target Income ETF were worth $12,249,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of KNG. JPMorgan Chase & Co. boosted 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 buying an additional 872 shares in the last quarter. Share Andrew L. bought a new stake in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF in the 3rd quarter valued at about $345,000. Pinnacle Bancorp Inc. boosted its holdings in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 20.3% in the 4th quarter. Pinnacle Bancorp Inc. now owns 7,112 shares of the company’s stock valued at $350,000 after buying an additional 1,200 shares in the last quarter. SBI Securities Co. Ltd. boosted its holdings in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 367.8% in the 3rd quarter. SBI Securities Co. Ltd. now owns 9,511 shares of the company’s stock valued at $469,000 after buying an additional 7,478 shares in the last quarter. Finally, Kingswood Wealth Advisors LLC boosted its holdings in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 60.4% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 14,289 shares of the company’s stock valued at $702,000 after buying an additional 5,378 shares in the last quarter.

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

BATS:KNG opened at $48.93 on Friday. FT Vest S&P 500 Dividend Aristocrats Target Income ETF has a fifty-two week low of $47.68 and a fifty-two week high of $53.20. The stock has a market capitalization of $3.76 billion, a P/E ratio of 21.48 and a beta of 0.83. The company’s 50-day simple moving average is $48.88 and its 200-day simple moving average is $49.83.

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

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.