MTM Investment Management LLC Lowers Stake in FT Vest Gold Strategy Target Income ETF (BATS:IGLD)

MTM Investment Management LLC reduced its position in shares of FT Vest Gold Strategy Target Income ETF (BATS:IGLD) by 1.9% in the fourth quarter, Holdings Channel reports. The firm owned 63,130 shares of the company’s stock after selling 1,250 shares during the quarter. MTM Investment Management LLC’s holdings in FT Vest Gold Strategy Target Income ETF were worth $1,192,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of IGLD. Kingsview Wealth Management LLC increased its holdings in FT Vest Gold Strategy Target Income ETF by 1.7% during the fourth quarter. Kingsview Wealth Management LLC now owns 52,428 shares of the company’s stock valued at $990,000 after buying an additional 887 shares during the last quarter. OneDigital Investment Advisors LLC raised its stake in FT Vest Gold Strategy Target Income ETF by 10.0% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 11,000 shares of the company’s stock valued at $237,000 after purchasing an additional 1,000 shares during the period. HighTower Advisors LLC increased its stake in FT Vest Gold Strategy Target Income ETF by 1.7% in the 3rd quarter. HighTower Advisors LLC now owns 70,838 shares of the company’s stock worth $1,523,000 after acquiring an additional 1,168 shares during the last quarter. Marion Wealth Management increased its stake in FT Vest Gold Strategy Target Income ETF by 2.8% in the 4th quarter. Marion Wealth Management now owns 67,958 shares of the company’s stock worth $1,283,000 after acquiring an additional 1,846 shares during the last quarter. Finally, Arkadios Wealth Advisors increased its stake in FT Vest Gold Strategy Target Income ETF by 16.4% in the 4th quarter. Arkadios Wealth Advisors now owns 17,275 shares of the company’s stock worth $326,000 after acquiring an additional 2,436 shares during the last quarter.

FT Vest Gold Strategy Target Income ETF Price Performance

Shares of FT Vest Gold Strategy Target Income ETF stock opened at $19.80 on Thursday. The business has a 50 day moving average of $19.11 and a 200 day moving average of $20.44.

FT Vest Gold Strategy Target Income ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, February 4th. Investors of record on Monday, February 3rd were issued a dividend of $0.1186 per share. The ex-dividend date was Monday, February 3rd. This is a boost from FT Vest Gold Strategy Target Income ETF’s previous dividend of $0.11.

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.