19,554 First Trust S&P 500 Diversified Dividend Aristocrats ETF $KNGZ Shares Acquired by International Assets Investment Management LLC

International Assets Investment Management LLC grew its stake in First Trust S&P 500 Diversified Dividend Aristocrats ETF (NASDAQ:KNGZ) by 279.3% in the 3rd quarter, Holdings Channel reports. The firm owned 26,555 shares of the company’s stock after purchasing an additional 19,554 shares during the period. International Assets Investment Management LLC’s holdings in First Trust S&P 500 Diversified Dividend Aristocrats ETF were worth $1,076,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of KNGZ. Farther Finance Advisors LLC boosted its stake in shares of First Trust S&P 500 Diversified Dividend Aristocrats ETF by 21.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 3,312 shares of the company’s stock valued at $134,000 after purchasing an additional 586 shares in the last quarter. Cetera Investment Advisers increased its position in shares of First Trust S&P 500 Diversified Dividend Aristocrats ETF by 7.3% during the first quarter. Cetera Investment Advisers now owns 15,815 shares of the company’s stock valued at $570,000 after buying an additional 1,082 shares during the period. D.A. Davidson & CO. increased its position in shares of First Trust S&P 500 Diversified Dividend Aristocrats ETF by 2.2% during the first quarter. D.A. Davidson & CO. now owns 61,936 shares of the company’s stock valued at $2,231,000 after buying an additional 1,349 shares during the period. Total Clarity Wealth Management Inc. raised its stake in First Trust S&P 500 Diversified Dividend Aristocrats ETF by 17.8% in the third quarter. Total Clarity Wealth Management Inc. now owns 9,251 shares of the company’s stock worth $375,000 after buying an additional 1,395 shares in the last quarter. Finally, Signal Advisors Wealth LLC boosted its position in First Trust S&P 500 Diversified Dividend Aristocrats ETF by 4.8% during the 3rd quarter. Signal Advisors Wealth LLC now owns 60,579 shares of the company’s stock valued at $2,455,000 after acquiring an additional 2,779 shares in the last quarter.

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

First Trust S&P 500 Diversified Dividend Aristocrats ETF stock opened at $44.45 on Thursday. First Trust S&P 500 Diversified Dividend Aristocrats ETF has a fifty-two week low of $33.67 and a fifty-two week high of $44.47. The stock’s 50 day simple moving average is $42.07 and its two-hundred day simple moving average is $39.89. The stock has a market cap of $71.12 million, a price-to-earnings ratio of 16.58 and a beta of 0.89.

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

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were given a dividend of $0.2621 per share. This is a drop from First Trust S&P 500 Diversified Dividend Aristocrats ETF’s previous quarterly dividend of $0.3057. This represents a $1.05 annualized dividend and a dividend yield of 2.4%. The ex-dividend date was Thursday, September 24th.

About First Trust S&P 500 Diversified Dividend Aristocrats ETF

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.