Wealth Enhancement Advisory Services LLC Purchases 50,720 Shares of FT Vest Gold Strategy Target Income ETF $IGLD

Wealth Enhancement Advisory Services LLC lifted its position in shares of FT Vest Gold Strategy Target Income ETF (BATS:IGLD) by 33.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 204,404 shares of the company’s stock after buying an additional 50,720 shares during the period. Wealth Enhancement Advisory Services LLC owned about 1.78% of FT Vest Gold Strategy Target Income ETF worth $5,265,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. QP Wealth Management LLC bought a new position in shares of FT Vest Gold Strategy Target Income ETF in the fourth quarter valued at $300,000. Centaurus Financial Inc. raised its position in FT Vest Gold Strategy Target Income ETF by 34.6% during the third quarter. Centaurus Financial Inc. now owns 24,416 shares of the company’s stock worth $585,000 after acquiring an additional 6,274 shares in the last quarter. Advisory Services Network LLC raised its position in FT Vest Gold Strategy Target Income ETF by 6.7% during the third quarter. Advisory Services Network LLC now owns 10,831 shares of the company’s stock worth $259,000 after acquiring an additional 679 shares in the last quarter. Novak & Powell Financial Services Inc. acquired a new stake in FT Vest Gold Strategy Target Income ETF in the third quarter valued at $342,000. Finally, Integrated Wealth Concepts LLC lifted its stake in FT Vest Gold Strategy Target Income ETF by 29.7% in the third quarter. Integrated Wealth Concepts LLC now owns 43,051 shares of the company’s stock valued at $1,031,000 after acquiring an additional 9,853 shares during the last quarter.

FT Vest Gold Strategy Target Income ETF Price Performance

Shares of IGLD opened at $24.59 on Monday. The firm has a 50-day moving average of $27.32 and a 200-day moving average of $25.72. FT Vest Gold Strategy Target Income ETF has a one year low of $19.70 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, March 3rd. Investors of record on Monday, March 2nd were paid a $0.4962 dividend. This represents a c) annualized dividend and a yield of 24.2%. The ex-dividend date was Monday, March 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.