HighTower Advisors LLC Boosts Stock Holdings in FT Vest Gold Strategy Target Income ETF (BATS:IGLD)

HighTower Advisors LLC grew its stake in shares of FT Vest Gold Strategy Target Income ETF (BATS:IGLD) by 1.7% during the third quarter, Holdings Channel reports. The institutional investor owned 70,838 shares of the company’s stock after purchasing an additional 1,168 shares during the quarter. HighTower Advisors LLC’s holdings in FT Vest Gold Strategy Target Income ETF were worth $1,523,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of IGLD. OneDigital Investment Advisors LLC grew its position 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 worth $237,000 after acquiring an additional 1,000 shares during the last quarter. Crosspoint Financial LLC purchased a new stake in shares of FT Vest Gold Strategy Target Income ETF during the second quarter valued at approximately $222,000. Pine Valley Investments Ltd Liability Co bought a new position in shares of FT Vest Gold Strategy Target Income ETF in the second quarter worth approximately $265,000. Arkadios Wealth Advisors purchased a new position in shares of FT Vest Gold Strategy Target Income ETF in the third quarter worth $320,000. Finally, Jaffetilchin Investment Partners LLC bought a new stake in FT Vest Gold Strategy Target Income ETF during the 3rd quarter valued at $587,000.

FT Vest Gold Strategy Target Income ETF Price Performance

Shares of IGLD opened at $19.01 on Monday. The firm’s fifty day moving average price is $21.05 and its two-hundred day moving average price is $20.75.

FT Vest Gold Strategy Target Income ETF Increases Dividend

The company also recently announced a dividend, which was paid on Monday, November 4th. Stockholders of record on Friday, November 1st were issued a dividend of $0.1438 per share. This is a positive change 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 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.