Avantax Advisory Services Inc. Increases Holdings in FT Vest Gold Strategy Target Income ETF (BATS:IGLD)

Avantax Advisory Services Inc. grew its holdings in FT Vest Gold Strategy Target Income ETF (BATS:IGLD) by 48.7% during the fourth quarter, HoldingsChannel reports. The fund owned 148,228 shares of the company’s stock after purchasing an additional 48,560 shares during the period. Avantax Advisory Services Inc.’s holdings in FT Vest Gold Strategy Target Income ETF were worth $2,799,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Kestra Investment Management LLC purchased a new position in FT Vest Gold Strategy Target Income ETF in the fourth quarter valued at approximately $81,000. Oppenheimer & Co. Inc. purchased a new position in shares of FT Vest Gold Strategy Target Income ETF in the 4th quarter valued at $196,000. OneDigital Investment Advisors LLC grew its position 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 valued at $237,000 after buying an additional 1,000 shares during the last quarter. Arkadios Wealth Advisors raised its stake in FT Vest Gold Strategy Target Income ETF by 16.4% during 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 in the last quarter. Finally, Cambridge Advisors Inc. boosted its stake in FT Vest Gold Strategy Target Income ETF by 26.4% in the fourth quarter. Cambridge Advisors Inc. now owns 17,828 shares of the company’s stock valued at $337,000 after acquiring an additional 3,719 shares in the last quarter.

FT Vest Gold Strategy Target Income ETF Trading Up 6.5 %

IGLD opened at $20.29 on Friday. FT Vest Gold Strategy Target Income ETF has a one year low of $18.39 and a one year high of $22.40. The business’s 50-day simple moving average is $19.58 and its 200-day simple moving average is $20.34.

FT Vest Gold Strategy Target Income ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, March 4th. Shareholders of record on Monday, March 3rd were paid a $0.1203 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This is a boost from FT Vest Gold Strategy Target Income ETF’s previous dividend of $0.12.

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.