D.A. Davidson & CO. Buys 7,258 Shares of First Trust S&P 500 Diversified Dividend Aristocrats ETF (NASDAQ:KNGZ)

D.A. Davidson & CO. grew its stake in First Trust S&P 500 Diversified Dividend Aristocrats ETF (NASDAQ:KNGZ) by 27.2% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 33,918 shares of the company’s stock after purchasing an additional 7,258 shares during the period. D.A. Davidson & CO. owned approximately 2.83% of First Trust S&P 500 Diversified Dividend Aristocrats ETF worth $1,166,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of KNGZ. Darwin Wealth Management LLC purchased a new position in shares of First Trust S&P 500 Diversified Dividend Aristocrats ETF during the 3rd quarter worth about $111,000. Woodmont Investment Counsel LLC purchased a new position in shares of First Trust S&P 500 Diversified Dividend Aristocrats ETF during the third quarter valued at approximately $372,000. NBC Securities Inc. grew its stake in shares of First Trust S&P 500 Diversified Dividend Aristocrats ETF by 1,138.7% during the third quarter. NBC Securities Inc. now owns 11,768 shares of the company’s stock valued at $404,000 after buying an additional 10,818 shares during the last quarter. Finally, Nations Financial Group Inc. IA ADV grew its stake in shares of First Trust S&P 500 Diversified Dividend Aristocrats ETF by 2.0% during the second quarter. Nations Financial Group Inc. IA ADV now owns 17,543 shares of the company’s stock valued at $551,000 after buying an additional 350 shares during the last quarter.

First Trust S&P 500 Diversified Dividend Aristocrats ETF Stock Performance

Shares of KNGZ stock opened at $35.06 on Monday. The stock has a 50 day moving average price of $34.28 and a 200 day moving average price of $32.97. First Trust S&P 500 Diversified Dividend Aristocrats ETF has a 52-week low of $28.14 and a 52-week high of $35.34. The firm has a market capitalization of $42.07 million, a P/E ratio of 15.51 and a beta of 0.83.

First Trust S&P 500 Diversified Dividend Aristocrats ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were given a dividend of $0.203 per share. The ex-dividend date was Thursday, September 26th. This represents a $0.81 annualized dividend and a dividend yield of 2.32%.

First Trust S&P 500 Diversified Dividend Aristocrats ETF Profile

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.