First Trust S&P 500 Diversified Dividend Aristocrats ETF (KNGZ) to Issue Quarterly Dividend of $0.16 on March 31st

First Trust S&P 500 Diversified Dividend Aristocrats ETF (NASDAQ:KNGZ) declared a quarterly dividend on Wednesday, March 25th, NASDAQ Dividends reports. Shareholders of record on Thursday, March 26th will be given a dividend of 0.1589 per share on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 1.8%. The ex-dividend date is Thursday, March 26th.

First Trust S&P 500 Diversified Dividend Aristocrats ETF Trading Down 1.0%

Shares of KNGZ stock opened at $35.92 on Friday. The stock has a 50 day moving average of $37.40 and a two-hundred day moving average of $36.30. First Trust S&P 500 Diversified Dividend Aristocrats ETF has a 12 month low of $27.61 and a 12 month high of $39.08. The company has a market capitalization of $55.68 million, a P/E ratio of 16.58 and a beta of 0.92.

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

Several institutional investors have recently made changes to their positions in KNGZ. Envestnet Asset Management Inc. lifted its holdings in First Trust S&P 500 Diversified Dividend Aristocrats ETF by 2.5% during the 3rd quarter. Envestnet Asset Management Inc. now owns 16,414 shares of the company’s stock valued at $588,000 after purchasing an additional 399 shares during the last quarter. Commonwealth Equity Services LLC boosted its position in First Trust S&P 500 Diversified Dividend Aristocrats ETF by 6.2% in the fourth quarter. Commonwealth Equity Services LLC now owns 7,555 shares of the company’s stock valued at $271,000 after buying an additional 438 shares in the last quarter. Cetera Investment Advisers grew its stake in First Trust S&P 500 Diversified Dividend Aristocrats ETF by 6.5% during the second quarter. Cetera Investment Advisers now owns 11,879 shares of the company’s stock worth $399,000 after buying an additional 729 shares during the last quarter. Farther Finance Advisors LLC grew its stake in First Trust S&P 500 Diversified Dividend Aristocrats ETF by 317.4% during the fourth quarter. Farther Finance Advisors LLC now owns 1,173 shares of the company’s stock worth $42,000 after buying an additional 892 shares during the last quarter. Finally, Harbour Investments Inc. increased its holdings in shares of First Trust S&P 500 Diversified Dividend Aristocrats ETF by 29.3% during the fourth quarter. Harbour Investments Inc. now owns 4,089 shares of the company’s stock worth $146,000 after buying an additional 927 shares in the last quarter.

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.