Argent Advisors Inc. Has $5.15 Million Stock Holdings in FT Vest S&P 500 Dividend Aristocrats Target Income ETF (BATS:KNG)

Argent Advisors Inc. increased its stake in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF (BATS:KNG) by 5.4% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 102,542 shares of the company’s stock after acquiring an additional 5,248 shares during the quarter. FT Vest S&P 500 Dividend Aristocrats Target Income ETF comprises 1.9% of Argent Advisors Inc.’s investment portfolio, making the stock its 13th biggest position. Argent Advisors Inc.’s holdings in FT Vest S&P 500 Dividend Aristocrats Target Income ETF were worth $5,149,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Arkadios Wealth Advisors boosted its holdings in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 3.6% during the 4th quarter. Arkadios Wealth Advisors now owns 373,780 shares of the company’s stock worth $18,767,000 after buying an additional 12,869 shares during the period. SlateStone Wealth LLC boosted its holdings in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 15.7% during the 4th quarter. SlateStone Wealth LLC now owns 211,742 shares of the company’s stock worth $10,632,000 after buying an additional 28,675 shares during the period. Nations Financial Group Inc. IA ADV boosted its holdings in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 35.4% during the 4th quarter. Nations Financial Group Inc. IA ADV now owns 108,966 shares of the company’s stock worth $5,471,000 after buying an additional 28,481 shares during the period. Private Trust Co. NA boosted its holdings in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 67.4% during the 4th quarter. Private Trust Co. NA now owns 31,419 shares of the company’s stock worth $1,578,000 after buying an additional 12,654 shares during the period. Finally, Farther Finance Advisors LLC boosted its holdings in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 40,321.4% during the 4th quarter. Farther Finance Advisors LLC now owns 22,636 shares of the company’s stock worth $1,137,000 after buying an additional 22,580 shares during the period.

FT Vest S&P 500 Dividend Aristocrats Target Income ETF Stock Up 1.2 %

BATS KNG opened at $50.74 on Tuesday. The company has a market capitalization of $3.70 billion, a P/E ratio of 23.29 and a beta of 0.90. FT Vest S&P 500 Dividend Aristocrats Target Income ETF has a 12-month low of $49.11 and a 12-month high of $55.50. The firm has a 50-day moving average price of $50.76 and a two-hundred day moving average price of $52.32.

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