Arkadios Wealth Advisors Purchases 42,316 Shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF (BATS:KNG)

Arkadios Wealth Advisors raised its holdings in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF (BATS:KNG) by 13.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 360,911 shares of the company’s stock after acquiring an additional 42,316 shares during the quarter. FT Vest S&P 500 Dividend Aristocrats Target Income ETF makes up about 1.1% of Arkadios Wealth Advisors’ investment portfolio, making the stock its 15th biggest position. Arkadios Wealth Advisors owned about 0.69% of FT Vest S&P 500 Dividend Aristocrats Target Income ETF worth $19,662,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Cambridge Investment Research Advisors Inc. boosted its stake in FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 25.3% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 428,996 shares of the company’s stock valued at $21,673,000 after buying an additional 86,548 shares during the last quarter. Janney Montgomery Scott LLC raised its position in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 33.8% during the 1st quarter. Janney Montgomery Scott LLC now owns 209,492 shares of the company’s stock valued at $11,252,000 after buying an additional 52,956 shares in the last quarter. Bullseye Investment Management LLC lifted its holdings in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 3.2% in the 1st quarter. Bullseye Investment Management LLC now owns 194,888 shares of the company’s stock valued at $10,467,000 after acquiring an additional 6,123 shares during the last quarter. SlateStone Wealth LLC grew its position in FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 2.9% in the second quarter. SlateStone Wealth LLC now owns 169,319 shares of the company’s stock worth $8,554,000 after acquiring an additional 4,763 shares in the last quarter. Finally, Argent Advisors Inc. raised its position in FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 4.5% during the second quarter. Argent Advisors Inc. now owns 92,487 shares of the company’s stock valued at $4,672,000 after purchasing an additional 3,944 shares during the period.

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

BATS:KNG traded down $0.41 during midday trading on Friday, hitting $53.08. 259,816 shares of the company traded hands. The stock has a market cap of $2.78 billion, a price-to-earnings ratio of 22.30 and a beta of 0.66. The firm has a 50-day moving average price of $53.79 and a two-hundred day moving average price of $52.32.

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.