Janney Montgomery Scott LLC Trims Holdings in FT Vest S&P 500 Dividend Aristocrats Target Income ETF (BATS:KNG)

Janney Montgomery Scott LLC lowered its stake in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF (BATS:KNG) by 2.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 307,912 shares of the company’s stock after selling 7,044 shares during the quarter. Janney Montgomery Scott LLC owned approximately 0.59% of FT Vest S&P 500 Dividend Aristocrats Target Income ETF worth $15,460,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. ORG Partners LLC bought a new stake in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF in the 4th quarter worth about $38,000. MassMutual Private Wealth & Trust FSB bought a new stake in FT Vest S&P 500 Dividend Aristocrats Target Income ETF in the fourth quarter valued at about $63,000. Thurston Springer Miller Herd & Titak Inc. raised its stake in FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 47.6% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,868 shares of the company’s stock valued at $94,000 after buying an additional 602 shares in the last quarter. Pinnacle Bancorp Inc. lifted its holdings in FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 7,872.3% during the 4th quarter. Pinnacle Bancorp Inc. now owns 3,747 shares of the company’s stock worth $188,000 after buying an additional 3,700 shares during the last quarter. Finally, Sunbelt Securities Inc. grew its position in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 53.2% in the 2nd quarter. Sunbelt Securities Inc. now owns 6,256 shares of the company’s stock worth $316,000 after acquiring an additional 2,172 shares in the last quarter.

FT Vest S&P 500 Dividend Aristocrats Target Income ETF Stock Up 1.6 %

Shares of BATS KNG opened at $50.92 on Monday. The firm has a fifty day moving average price of $51.71 and a 200 day moving average price of $52.63. The company has a market cap of $2.66 billion, a P/E ratio of 22.30 and a beta of 0.66.

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.