First Trust S&P 500 Diversified Dividend Aristocrats ETF (NASDAQ:KNGZ) Sees Significant Drop in Short Interest

Posted by Brian Himes on Oct 2nd, 2026

First Trust S&P 500 Diversified Dividend Aristocrats ETF (NASDAQ:KNGZ – Get Free Report) saw a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 7,516 shares, a decrease of 39.3% from the August 31st total of 12,383 shares. Approximately 0.5% of the shares of the stock are sold short. Based on an average daily volume of 6,608 shares, the short-interest ratio is currently 1.1 days.

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

Hedge funds have recently modified their holdings of the stock. Envestnet Asset Management Inc. boosted its stake in shares of First Trust S&P 500 Diversified Dividend Aristocrats ETF by 31.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 25,943 shares of the company’s stock valued at $1,040,000 after purchasing an additional 6,157 shares during the last quarter. 17 Capital Partners LLC raised its stake in shares of First Trust S&P 500 Diversified Dividend Aristocrats ETF by 26.3% during the fourth quarter. 17 Capital Partners LLC now owns 8,836 shares of the company’s stock worth $316,000 after buying an additional 1,840 shares during the last quarter. D.A. Davidson & CO. lifted its holdings in First Trust S&P 500 Diversified Dividend Aristocrats ETF by 2.2% in the first quarter. D.A. Davidson & CO. now owns 61,936 shares of the company’s stock valued at $2,231,000 after buying an additional 1,349 shares during the period. Total Clarity Wealth Management Inc. lifted its holdings in First Trust S&P 500 Diversified Dividend Aristocrats ETF by 19.7% in the first quarter. Total Clarity Wealth Management Inc. now owns 7,094 shares of the company’s stock valued at $256,000 after buying an additional 1,168 shares during the period. Finally, Cetera Investment Advisers boosted its stake in First Trust S&P 500 Diversified Dividend Aristocrats ETF by 7.3% in the first quarter. Cetera Investment Advisers now owns 15,815 shares of the company’s stock valued at $570,000 after acquiring an additional 1,082 shares during the last quarter.

First Trust S&P 500 Diversified Dividend Aristocrats ETF Stock Up 0.6%

First Trust S&P 500 Diversified Dividend Aristocrats ETF stock opened at $41.24 on Friday. The stock has a 50-day simple moving average of $41.97 and a 200 day simple moving average of $40.09. First Trust S&P 500 Diversified Dividend Aristocrats ETF has a 12-month low of $33.67 and a 12-month high of $43.06. The stock has a market capitalization of $65.99 million, a price-to-earnings ratio of 16.58 and a beta of 0.87.

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

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were given a $0.2621 dividend. This represents a $1.05 annualized dividend and a yield of 2.5%. The ex-dividend date was Thursday, September 24th. This is a drop from First Trust S&P 500 Diversified Dividend Aristocrats ETF’s previous quarterly dividend of $0.3057.

About First Trust S&P 500 Diversified Dividend Aristocrats ETF

(Get Free Report)

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.