FT Vest Gold Strategy Target Income ETF (BATS:IGLD) Declares Dividend Increase – $0.14 Per Share

FT Vest Gold Strategy Target Income ETF (BATS:IGLD) announced a monthly dividend on Friday, June 28th, NASDAQ reports. Shareholders of record on Monday, July 1st will be given a dividend of 0.1388 per share on Tuesday, July 2nd. This represents a $1.67 annualized dividend and a dividend yield of 8.32%. The ex-dividend date is Monday, July 1st. This is an increase from FT Vest Gold Strategy Target Income ETF’s previous monthly dividend of $0.13.

FT Vest Gold Strategy Target Income ETF Price Performance

Shares of FT Vest Gold Strategy Target Income ETF stock traded up $0.02 during mid-day trading on Friday, hitting $20.02. 25,233 shares of the stock were exchanged. The stock has a fifty day moving average of $20.06 and a 200-day moving average of $19.47.

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.