Darwin Wealth Management LLC Invests $111,000 in First Trust S&P 500 Diversified Dividend Aristocrats ETF (NASDAQ:KNGZ)

Darwin Wealth Management LLC purchased a new position in First Trust S&P 500 Diversified Dividend Aristocrats ETF (NASDAQ:KNGZ) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 3,215 shares of the company’s stock, valued at approximately $111,000. Darwin Wealth Management LLC owned approximately 0.27% of First Trust S&P 500 Diversified Dividend Aristocrats ETF at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. NBC Securities Inc. boosted its holdings 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 purchasing an additional 10,818 shares during the period. Nations Financial Group Inc. IA ADV grew its holdings in shares of First Trust S&P 500 Diversified Dividend Aristocrats ETF by 2.0% during the 2nd quarter. Nations Financial Group Inc. IA ADV now owns 17,543 shares of the company’s stock valued at $551,000 after acquiring an additional 350 shares in the last quarter. Finally, Woodmont Investment Counsel LLC acquired a new position in shares of First Trust S&P 500 Diversified Dividend Aristocrats ETF in the third quarter worth $372,000.

First Trust S&P 500 Diversified Dividend Aristocrats ETF Trading Up 0.2 %

Shares of NASDAQ:KNGZ opened at $33.96 on Thursday. The business has a fifty day simple moving average of $34.11 and a 200 day simple moving average of $32.78. First Trust S&P 500 Diversified Dividend Aristocrats ETF has a 1 year low of $27.80 and a 1 year high of $34.91. The firm has a market cap of $40.76 million, a price-to-earnings ratio of 15.51 and a beta of 0.83.

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

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were paid a $0.203 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.81 annualized dividend and a dividend yield of 2.39%.

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.