FT Vest Gold Strategy Target Income ETF $IGLD Shares Sold by 3EDGE Asset Management LP

3EDGE Asset Management LP reduced its holdings in FT Vest Gold Strategy Target Income ETF (BATS:IGLD) by 28.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 145,425 shares of the company’s stock after selling 59,004 shares during the period. 3EDGE Asset Management LP owned about 1.26% of FT Vest Gold Strategy Target Income ETF worth $3,481,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. acquired a new position in shares of FT Vest Gold Strategy Target Income ETF in the 2nd quarter valued at $37,000. Geneos Wealth Management Inc. raised its position in FT Vest Gold Strategy Target Income ETF by 20.8% during the first quarter. Geneos Wealth Management Inc. now owns 2,823 shares of the company’s stock worth $59,000 after acquiring an additional 486 shares during the period. Annex Advisory Services LLC purchased a new position in FT Vest Gold Strategy Target Income ETF during the third quarter valued at $207,000. MGO One Seven LLC purchased a new position in FT Vest Gold Strategy Target Income ETF during the second quarter valued at $215,000. Finally, Merit Financial Group LLC acquired a new stake in shares of FT Vest Gold Strategy Target Income ETF in the third quarter valued at about $226,000.

FT Vest Gold Strategy Target Income ETF Trading Up 45.3%

IGLD stock opened at $27.68 on Friday. The business’s 50-day moving average is $25.55 and its 200 day moving average is $23.96. FT Vest Gold Strategy Target Income ETF has a 12-month low of $18.39 and a 12-month high of $22.40.

FT Vest Gold Strategy Target Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 29th were issued a dividend of $0.5968 per share. The ex-dividend date was Monday, December 29th. This represents a c) dividend on an annualized basis and a dividend yield of 25.9%. This is a boost from FT Vest Gold Strategy Target Income ETF’s previous monthly dividend of $0.46.

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.