Nations Financial Group Inc. IA ADV Lowers Stake in First Trust S&P 500 Diversified Dividend Aristocrats ETF (NASDAQ:KNGZ)

Nations Financial Group Inc. IA ADV lowered its stake in shares of First Trust S&P 500 Diversified Dividend Aristocrats ETF (NASDAQ:KNGZ) by 1.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,202 shares of the company’s stock after selling 341 shares during the period. Nations Financial Group Inc. IA ADV owned about 1.23% of First Trust S&P 500 Diversified Dividend Aristocrats ETF worth $554,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Tandem Financial LLC acquired a new position in First Trust S&P 500 Diversified Dividend Aristocrats ETF during the fourth quarter worth $32,000. Darwin Wealth Management LLC acquired a new position in shares of First Trust S&P 500 Diversified Dividend Aristocrats ETF during the 3rd quarter valued at about $111,000. International Assets Investment Management LLC purchased a new stake in shares of First Trust S&P 500 Diversified Dividend Aristocrats ETF in the fourth quarter valued at about $233,000. D.A. Davidson & CO. grew its holdings in shares of First Trust S&P 500 Diversified Dividend Aristocrats ETF by 27.2% in the third quarter. D.A. Davidson & CO. now owns 33,918 shares of the company’s stock valued at $1,166,000 after purchasing an additional 7,258 shares during the period. Finally, Woodmont Investment Counsel LLC acquired a new stake in First Trust S&P 500 Diversified Dividend Aristocrats ETF during the third quarter worth about $372,000.

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

NASDAQ:KNGZ opened at $33.49 on Tuesday. The company’s 50-day moving average is $32.92 and its two-hundred day moving average is $33.46. First Trust S&P 500 Diversified Dividend Aristocrats ETF has a 1-year low of $29.68 and a 1-year high of $35.34. The firm has a market capitalization of $48.56 million, a price-to-earnings ratio of 15.51 and a beta of 0.83.

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

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were given a dividend of $0.2663 per share. The ex-dividend date of this dividend was Friday, December 13th.

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.