Resolute Wealth Strategies LLC Boosts Holdings in FT Vest S&P 500 Dividend Aristocrats Target Income ETF $KNG

Resolute Wealth Strategies LLC raised its position in FT Vest S&P 500 Dividend Aristocrats Target Income ETF (BATS:KNG) by 63.6% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 30,354 shares of the company’s stock after purchasing an additional 11,804 shares during the period. Resolute Wealth Strategies LLC’s holdings in FT Vest S&P 500 Dividend Aristocrats Target Income ETF were worth $1,479,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in KNG. Hilton Head Capital Partners LLC bought a new position in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF in the fourth quarter worth $4,671,000. Janney Montgomery Scott LLC boosted its stake in FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 23.8% during the first quarter. Janney Montgomery Scott LLC now owns 385,974 shares of the company’s stock valued at $18,801,000 after buying an additional 74,198 shares during the period. Creative Financial Designs Inc. ADV boosted its stake in FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 194.4% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 111,138 shares of the company’s stock valued at $5,462,000 after buying an additional 73,389 shares during the period. Sound Income Strategies LLC boosted its stake in FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 118,221.1% during the fourth quarter. Sound Income Strategies LLC now owns 22,481 shares of the company’s stock valued at $1,152,000 after buying an additional 22,462 shares during the period. Finally, Argent Advisors Inc. grew its position in FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 12.0% during the fourth quarter. Argent Advisors Inc. now owns 151,941 shares of the company’s stock worth $7,468,000 after buying an additional 16,291 shares in the last quarter.

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

Shares of BATS KNG opened at $51.06 on Monday. The firm has a market capitalization of $3.92 billion, a P/E ratio of 21.48 and a beta of 0.83. The stock’s 50-day simple moving average is $49.69 and its two-hundred day simple moving average is $50.09. FT Vest S&P 500 Dividend Aristocrats Target Income ETF has a twelve month low of $47.68 and a twelve month high of $53.20.

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. KNG was launched on Mar 26, 2018 and is managed by First Trust.