First Trust S&P 500 Diversified Dividend Aristocrats ETF (NASDAQ:KNGZ) Short Interest Update

First Trust S&P 500 Diversified Dividend Aristocrats ETF (NASDAQ:KNGZ) was the target of a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 6,000 shares, an increase of 66.7% from the November 30th total of 3,600 shares. Based on an average trading volume of 9,400 shares, the days-to-cover ratio is currently 0.6 days.

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

Several hedge funds and other institutional investors have recently bought and sold shares of KNGZ. NBC Securities Inc. raised its stake in shares of First Trust S&P 500 Diversified Dividend Aristocrats ETF by 1,138.7% during the third quarter. NBC Securities Inc. now owns 11,768 shares of the company’s stock worth $404,000 after acquiring an additional 10,818 shares in the last quarter. Woodmont Investment Counsel LLC purchased a new position in First Trust S&P 500 Diversified Dividend Aristocrats ETF in the 3rd quarter worth $372,000. D.A. Davidson & CO. lifted its stake in 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 worth $1,166,000 after purchasing an additional 7,258 shares during the last quarter. Darwin Wealth Management LLC purchased a new stake in First Trust S&P 500 Diversified Dividend Aristocrats ETF during the third quarter valued at about $111,000. Finally, Nations Financial Group Inc. IA ADV grew its stake in shares of First Trust S&P 500 Diversified Dividend Aristocrats ETF by 2.0% during the second quarter. Nations Financial Group Inc. IA ADV now owns 17,543 shares of the company’s stock valued at $551,000 after buying an additional 350 shares during the last quarter.

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

NASDAQ KNGZ traded down $0.20 during trading hours on Friday, reaching $32.55. 2,162 shares of the stock traded hands, compared to its average volume of 6,182. The stock has a 50 day simple moving average of $33.99 and a two-hundred day simple moving average of $33.21. First Trust S&P 500 Diversified Dividend Aristocrats ETF has a 1 year low of $28.99 and a 1 year high of $35.34. The company has a market cap of $39.06 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 company also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be issued a dividend of $0.2663 per share. The ex-dividend date is Friday, December 13th.

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.