Ameritas Advisory Services LLC Sells 36,690 Shares of FT Vest Gold Strategy Target Income ETF $IGLD

Ameritas Advisory Services LLC reduced its holdings in FT Vest Gold Strategy Target Income ETF (BATS:IGLD) by 53.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 32,351 shares of the company’s stock after selling 36,690 shares during the period. Ameritas Advisory Services LLC owned approximately 0.28% of FT Vest Gold Strategy Target Income ETF worth $774,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of IGLD. Geneos Wealth Management Inc. raised its position in shares of FT Vest Gold Strategy Target Income ETF by 20.8% during the 1st quarter. Geneos Wealth Management Inc. now owns 2,823 shares of the company’s stock valued at $59,000 after acquiring an additional 486 shares during the last quarter. MGO One Seven LLC bought a new stake in FT Vest Gold Strategy Target Income ETF in the second quarter valued at about $215,000. Harbour Investments Inc. increased its holdings in FT Vest Gold Strategy Target Income ETF by 57.3% in the second quarter. Harbour Investments Inc. now owns 14,901 shares of the company’s stock valued at $324,000 after purchasing an additional 5,430 shares during the last quarter. Balboa Wealth Partners acquired a new position in FT Vest Gold Strategy Target Income ETF in the second quarter valued at about $314,000. Finally, D.A. Davidson & CO. boosted its holdings in FT Vest Gold Strategy Target Income ETF by 29.0% during the second quarter. D.A. Davidson & CO. now owns 30,034 shares of the company’s stock worth $652,000 after buying an additional 6,757 shares during the last quarter.

FT Vest Gold Strategy Target Income ETF Stock Up 3.0%

Shares of IGLD stock opened at $27.96 on Friday. The stock has a 50-day moving average of $26.47 and a 200-day moving average of $24.65. FT Vest Gold Strategy Target Income ETF has a one year low of $19.59 and a one year high of $30.42.

FT Vest Gold Strategy Target Income ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, February 3rd. Shareholders of record on Monday, February 2nd were paid a $0.5544 dividend. This represents a c) annualized dividend and a yield of 23.8%. The ex-dividend date of this dividend was Monday, February 2nd.

FT Vest Gold Strategy Target Income ETF Profile

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.