MTM Investment Management LLC Sells 1,300 Shares of FT Vest Gold Strategy Target Income ETF (BATS:IGLD)

MTM Investment Management LLC lessened its holdings in shares of FT Vest Gold Strategy Target Income ETF (BATS:IGLD) by 2.0% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 64,380 shares of the company’s stock after selling 1,300 shares during the period. MTM Investment Management LLC owned about 1.33% of FT Vest Gold Strategy Target Income ETF worth $1,389,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IGLD. Crosspoint Financial LLC acquired a new stake in FT Vest Gold Strategy Target Income ETF during the 2nd quarter worth about $222,000. OneDigital Investment Advisors LLC lifted its holdings in shares of FT Vest Gold Strategy Target Income ETF by 10.0% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 11,000 shares of the company’s stock worth $237,000 after purchasing an additional 1,000 shares in the last quarter. Pine Valley Investments Ltd Liability Co acquired a new stake in FT Vest Gold Strategy Target Income ETF in the 2nd quarter valued at $265,000. Arkadios Wealth Advisors acquired a new position in FT Vest Gold Strategy Target Income ETF during the third quarter worth $320,000. Finally, Jaffetilchin Investment Partners LLC bought a new position in shares of FT Vest Gold Strategy Target Income ETF in the third quarter valued at $587,000.

FT Vest Gold Strategy Target Income ETF Stock Up 0.6 %

IGLD stock opened at $21.17 on Wednesday. The business’s fifty day moving average price is $21.56 and its two-hundred day moving average price is $20.77.

FT Vest Gold Strategy Target Income ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, November 4th. Stockholders of record on Friday, November 1st were paid a dividend of $0.1438 per share. This is an increase from FT Vest Gold Strategy Target Income ETF’s previous dividend of $0.14. The ex-dividend date was Friday, November 1st.

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.