Pinnacle Bancorp Inc. Has $188,000 Stake in FT Vest S&P 500 Dividend Aristocrats Target Income ETF (BATS:KNG)

Pinnacle Bancorp Inc. raised its holdings in FT Vest S&P 500 Dividend Aristocrats Target Income ETF (BATS:KNG) by 7,872.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund 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.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in KNG. Sunbelt Securities Inc. increased its position 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 valued at $488,000 after acquiring an additional 2,696 shares during the last quarter. Janney Montgomery Scott LLC increased its position in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 19.0% during the 3rd quarter. Janney Montgomery Scott LLC now owns 314,956 shares of the company’s stock worth $17,159,000 after purchasing an additional 50,335 shares during the last quarter. ORG Partners LLC acquired a new position in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF during the 4th quarter worth approximately $38,000. Strategic Blueprint LLC raised its stake in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 91.4% during the 3rd quarter. Strategic Blueprint LLC now owns 11,810 shares of the company’s stock worth $643,000 after purchasing an additional 5,640 shares in the last quarter. Finally, NBC Securities Inc. grew its stake in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 18.0% in the third quarter. NBC Securities Inc. now owns 31,674 shares of the company’s stock valued at $1,725,000 after buying an additional 4,842 shares in the last quarter.

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

Shares of KNG opened at $50.79 on Friday. The stock’s fifty day moving average price is $52.10 and its two-hundred day moving average price is $52.59. The firm has a market capitalization of $2.66 billion, a P/E ratio of 22.30 and a beta of 0.66.

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.