Compound Planning Inc. Invests $667,000 in FT Vest Gold Strategy Target Income ETF $IGLD

Compound Planning Inc. bought a new position in FT Vest Gold Strategy Target Income ETF (BATS:IGLD) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 27,882 shares of the company’s stock, valued at approximately $667,000. Compound Planning Inc. owned approximately 0.24% of FT Vest Gold Strategy Target Income ETF at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. acquired a new position in FT Vest Gold Strategy Target Income ETF in the second quarter worth approximately $37,000. Geneos Wealth Management Inc. lifted 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. Annex Advisory Services LLC acquired a new stake in shares of FT Vest Gold Strategy Target Income ETF during the 3rd quarter valued at $207,000. Calton & Associates Inc. acquired a new position in shares of FT Vest Gold Strategy Target Income ETF in the 3rd quarter worth $208,000. Finally, Global Assets Advisory LLC acquired a new position in shares of FT Vest Gold Strategy Target Income ETF in the 3rd quarter worth $217,000.

FT Vest Gold Strategy Target Income ETF Stock Up 1.6%

Shares of FT Vest Gold Strategy Target Income ETF stock opened at $29.00 on Friday. FT Vest Gold Strategy Target Income ETF has a 12-month low of $19.59 and a 12-month high of $30.42. The stock’s fifty day moving average is $27.05 and its 200-day moving average is $25.07.

FT Vest Gold Strategy Target Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, February 3rd. Shareholders of record on Monday, February 2nd were paid a dividend of $0.5544 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 22.9%.

FT Vest Gold Strategy Target Income ETF Company 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.