Jaffetilchin Investment Partners LLC Makes New $587,000 Investment in FT Vest Gold Strategy Target Income ETF (BATS:IGLD)

Jaffetilchin Investment Partners LLC bought a new stake in shares of FT Vest Gold Strategy Target Income ETF (BATS:IGLD) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 27,225 shares of the company’s stock, valued at approximately $587,000. Jaffetilchin Investment Partners LLC owned about 0.56% of FT Vest Gold Strategy Target Income ETF at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in IGLD. Crosspoint Financial LLC bought a new stake in shares of FT Vest Gold Strategy Target Income ETF in the 2nd quarter worth about $222,000. Pine Valley Investments Ltd Liability Co acquired a new stake in FT Vest Gold Strategy Target Income ETF during the second quarter valued at approximately $265,000. Arkadios Wealth Advisors bought a new position in FT Vest Gold Strategy Target Income ETF during the 3rd quarter worth approximately $320,000. Janney Montgomery Scott LLC grew its position in shares of FT Vest Gold Strategy Target Income ETF by 9.8% in the 1st quarter. Janney Montgomery Scott LLC now owns 36,621 shares of the company’s stock worth $721,000 after acquiring an additional 3,277 shares in the last quarter. Finally, Avantax Advisory Services Inc. increased its holdings in shares of FT Vest Gold Strategy Target Income ETF by 19.6% in the 1st quarter. Avantax Advisory Services Inc. now owns 40,564 shares of the company’s stock valued at $799,000 after acquiring an additional 6,659 shares during the last quarter.

FT Vest Gold Strategy Target Income ETF Price Performance

FT Vest Gold Strategy Target Income ETF stock opened at $21.16 on Tuesday. The stock has a 50 day simple moving average of $21.55 and a two-hundred day simple moving average of $20.73.

FT Vest Gold Strategy Target Income ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, November 4th. Shareholders of record on Friday, November 1st were issued a $0.1438 dividend. The ex-dividend date was Friday, November 1st. This is a boost from FT Vest Gold Strategy Target Income ETF’s previous dividend of $0.14.

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.