Kestra Advisory Services LLC Acquires 80,281 Shares of FT Vest Gold Strategy Target Income ETF (BATS:IGLD)

Kestra Advisory Services LLC grew its holdings in shares of FT Vest Gold Strategy Target Income ETF (BATS:IGLD) by 10.6% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 836,133 shares of the company’s stock after buying an additional 80,281 shares during the quarter. Kestra Advisory Services LLC owned approximately 17.24% of FT Vest Gold Strategy Target Income ETF worth $16,463,000 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 the business. Sloy Dahl & Holst LLC increased its stake in shares of FT Vest Gold Strategy Target Income ETF by 2.4% during the 4th quarter. Sloy Dahl & Holst LLC now owns 23,185 shares of the company’s stock worth $446,000 after purchasing an additional 550 shares during the last quarter. Fortitude Family Office LLC increased its stake in shares of FT Vest Gold Strategy Target Income ETF by 16.8% during the 1st quarter. Fortitude Family Office LLC now owns 4,053 shares of the company’s stock worth $80,000 after purchasing an additional 584 shares during the last quarter. Marion Wealth Management increased its stake in shares of FT Vest Gold Strategy Target Income ETF by 2.0% during the 1st quarter. Marion Wealth Management now owns 60,959 shares of the company’s stock worth $1,200,000 after purchasing an additional 1,216 shares during the last quarter. XML Financial LLC increased its stake in shares of FT Vest Gold Strategy Target Income ETF by 0.7% during the 4th quarter. XML Financial LLC now owns 195,837 shares of the company’s stock worth $3,764,000 after purchasing an additional 1,405 shares during the last quarter. Finally, Janney Montgomery Scott LLC increased its stake in shares of FT Vest Gold Strategy Target Income ETF by 9.8% during the 1st quarter. Janney Montgomery Scott LLC now owns 36,621 shares of the company’s stock worth $721,000 after purchasing an additional 3,277 shares during the last quarter.

FT Vest Gold Strategy Target Income ETF Stock Performance

IGLD traded up $0.14 on Friday, reaching $20.39. The company had a trading volume of 18,793 shares. The firm’s fifty day simple moving average is $20.17 and its two-hundred day simple moving average is $19.66.

FT Vest Gold Strategy Target Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, July 2nd. Investors of record on Monday, July 1st were paid a $0.1388 dividend. The ex-dividend date was Monday, July 1st. This represents a $1.67 dividend on an annualized basis and a yield of 8.17%. This is a positive change from FT Vest Gold Strategy Target Income ETF’s previous monthly dividend of $0.13.

About FT Vest Gold Strategy Target Income ETF

The FT Cboe Vest Gold Target Income ETF (IGLD) is an exchange-traded fund that is based on the SPDR Gold Trust index. The fund aims to generate income from a long position in SPDR Gold Trust ETF (GLD) and call spreads utilizing FLEX options. The fund gains exposure through a wholly-owned subsidiary. IGLD was launched on Mar 2, 2021 and is managed by First Trust.