First Trust S&P 500 Diversified Dividend Aristocrats ETF (NASDAQ:KNGZ) Stock Price Up 0.4% – Should You Buy?

First Trust S&P 500 Diversified Dividend Aristocrats ETF (NASDAQ:KNGZGet Free Report) traded up 0.4% during mid-day trading on Monday . The company traded as high as $41.48 and last traded at $41.47. 4,131 shares were traded during mid-day trading, a decline of 38% from the average session volume of 6,655 shares. The stock had previously closed at $41.30.

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

The stock has a market cap of $66.35 million, a P/E ratio of 16.58 and a beta of 0.86. The stock’s fifty day simple moving average is $38.08 and its 200-day simple moving average is $37.20.

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

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were given a dividend of $0.1589 per share. The ex-dividend date was Thursday, March 26th. This represents a $0.64 annualized dividend and a dividend yield of 1.5%.

Institutional Trading of First Trust S&P 500 Diversified Dividend Aristocrats ETF

Large investors have recently made changes to their positions in the company. Farther Finance Advisors LLC boosted its position in shares of First Trust S&P 500 Diversified Dividend Aristocrats ETF by 317.4% during the 4th quarter. Farther Finance Advisors LLC now owns 1,173 shares of the company’s stock worth $42,000 after acquiring an additional 892 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of First Trust S&P 500 Diversified Dividend Aristocrats ETF during the 2nd quarter worth approximately $45,000. Sound Income Strategies LLC acquired a new stake in shares of First Trust S&P 500 Diversified Dividend Aristocrats ETF during the 4th quarter worth approximately $55,000. Kestra Advisory Services LLC acquired a new stake in shares of First Trust S&P 500 Diversified Dividend Aristocrats ETF during the 4th quarter worth approximately $77,000. Finally, Darwin Wealth Management LLC acquired a new stake in shares of First Trust S&P 500 Diversified Dividend Aristocrats ETF during the 2nd quarter worth approximately $114,000.

First Trust S&P 500 Diversified Dividend Aristocrats ETF Company Profile

(Get Free Report)

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.

Further Reading

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