Thurston Springer Miller Herd & Titak Inc. Invests $64,000 in FT Vest S&P 500 Dividend Aristocrats Target Income ETF (BATS:KNG)

Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF (BATS:KNG) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 1,263 shares of the company’s stock, valued at approximately $64,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bullseye Investment Management LLC raised its holdings in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 3.2% during the first 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 in the last quarter. Argent Advisors Inc. purchased a new stake in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF in the 1st quarter worth about $4,756,000. Janney Montgomery Scott LLC boosted its stake 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 purchasing an additional 52,956 shares in the last quarter. Arkadios Wealth Advisors increased its position in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 2.8% during the first quarter. Arkadios Wealth Advisors now owns 299,763 shares of the company’s stock valued at $16,100,000 after buying an additional 8,241 shares during the period. Finally, SlateStone Wealth LLC raised its stake in FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 0.6% in the first quarter. SlateStone Wealth LLC now owns 164,556 shares of the company’s stock worth $8,838,000 after buying an additional 1,024 shares in the last quarter.

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

KNG traded up $0.30 on Wednesday, hitting $51.62. The company had a trading volume of 342,345 shares. The firm has a market cap of $2.70 billion, a price-to-earnings ratio of 22.30 and a beta of 0.66. The business has a 50-day simple moving average of $51.22 and a two-hundred day simple moving average of $51.72.

FT Vest S&P 500 Dividend Aristocrats Target Income ETF Company 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.