Baird Financial Group Inc. Acquires 53,495 Shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF (BATS:KNG)

Baird Financial Group Inc. increased its holdings in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF (BATS:KNG) by 106.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 103,958 shares of the company’s stock after purchasing an additional 53,495 shares during the period. Baird Financial Group Inc. owned approximately 0.20% of FT Vest S&P 500 Dividend Aristocrats Target Income ETF worth $5,220,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in KNG. OLD Mission Capital LLC acquired a new stake in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF during the 4th quarter worth approximately $2,225,000. Coppell Advisory Solutions LLC boosted its stake in FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 7.6% during the fourth quarter. Coppell Advisory Solutions LLC now owns 459,914 shares of the company’s stock worth $23,033,000 after acquiring an additional 32,627 shares in the last quarter. SlateStone Wealth LLC increased its stake in FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 15.7% in the fourth quarter. SlateStone Wealth LLC now owns 211,742 shares of the company’s stock valued at $10,632,000 after purchasing an additional 28,675 shares in the last quarter. Nations Financial Group Inc. IA ADV raised its holdings in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 35.4% during the fourth quarter. Nations Financial Group Inc. IA ADV now owns 108,966 shares of the company’s stock valued at $5,471,000 after purchasing an additional 28,481 shares during the period. Finally, Farther Finance Advisors LLC boosted its position 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 purchasing an additional 22,580 shares in the last quarter.

FT Vest S&P 500 Dividend Aristocrats Target Income ETF Price Performance

Shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF stock opened at $48.66 on Friday. The business has a 50-day simple moving average of $48.92 and a 200 day simple moving average of $50.86. The firm has a market capitalization of $3.65 billion, a price-to-earnings ratio of 22.25 and a beta of 0.85. FT Vest S&P 500 Dividend Aristocrats Target Income ETF has a one year low of $44.63 and a one year high of $55.50.

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

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.