Pinnacle Bancorp Inc. Purchases 3,700 Shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF (BATS:KNG)

Pinnacle Bancorp Inc. boosted its holdings in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF (BATS:KNG) by 7,872.3% in the 4th quarter, Holdings Channel reports. The firm owned 3,747 shares of the company’s stock after buying an additional 3,700 shares during the period. Pinnacle Bancorp Inc.’s holdings in FT Vest S&P 500 Dividend Aristocrats Target Income ETF were worth $188,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of KNG. Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 47.6% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,868 shares of the company’s stock worth $94,000 after buying an additional 602 shares in the last quarter. ORG Partners LLC acquired a new position in FT Vest S&P 500 Dividend Aristocrats Target Income ETF during the fourth quarter worth about $38,000. Sunbelt Securities Inc. lifted its holdings in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 43.1% in the third quarter. Sunbelt Securities Inc. now owns 8,952 shares of the company’s stock worth $488,000 after acquiring an additional 2,696 shares during the last quarter. Nations Financial Group Inc. IA ADV lifted its holdings in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 12.2% in the third quarter. Nations Financial Group Inc. IA ADV now owns 80,485 shares of the company’s stock worth $4,385,000 after acquiring an additional 8,766 shares during the last quarter. Finally, Janney Montgomery Scott LLC boosted its stake in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 19.0% in the 3rd quarter. Janney Montgomery Scott LLC now owns 314,956 shares of the company’s stock valued at $17,159,000 after purchasing an additional 50,335 shares in the last quarter.

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

KNG stock opened at $50.79 on Friday. The firm has a market cap of $2.66 billion, a PE ratio of 22.30 and a beta of 0.66. The stock’s 50-day moving average is $52.10 and its 200 day moving average is $52.59.

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.