Commonwealth Equity Services LLC Boosts Stock Position in FT Vest Investment Grade & Target Income ETF $LQTI

Commonwealth Equity Services LLC lifted its position in shares of FT Vest Investment Grade & Target Income ETF (NYSEARCA:LQTI) by 60.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 827,918 shares of the company’s stock after buying an additional 310,918 shares during the period. Commonwealth Equity Services LLC owned about 11.34% of FT Vest Investment Grade & Target Income ETF worth $16,894,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Harbour Investments Inc. bought a new stake in shares of FT Vest Investment Grade & Target Income ETF in the 2nd quarter worth approximately $122,000. Rise Advisors LLC purchased a new position in FT Vest Investment Grade & Target Income ETF in the 3rd quarter worth $153,000. Sulzberger Capital Advisors Inc. bought a new stake in FT Vest Investment Grade & Target Income ETF in the second quarter worth $207,000. LexAurum Advisors LLC purchased a new stake in FT Vest Investment Grade & Target Income ETF during the second quarter valued at about $244,000. Finally, L.M. Kohn & Company purchased a new stake in FT Vest Investment Grade & Target Income ETF during the second quarter valued at about $291,000.

FT Vest Investment Grade & Target Income ETF Trading Up 0.4%

LQTI opened at $20.01 on Friday. The business’s 50-day moving average price is $20.11 and its 200-day moving average price is $20.22. FT Vest Investment Grade & Target Income ETF has a 12 month low of $19.45 and a 12 month high of $20.66.

FT Vest Investment Grade & Target Income ETF Company Profile

The FT Vest Investment Grade & Target Income ETF (LQTI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that seeks to provide current income and capital appreciation through a synthetic long exposure to the iShares iBoxx Investment Grade Corporate Bond ETF (LQD) and a partial covered call strategy. It seeks an annual rate of approximately 5% over LQDs current annual yield. LQTI was launched on Feb 12, 2025 and is issued by First Trust.