SBI Securities Co. Ltd. Sells 35,122 Shares of FT Vest Gold Strategy Target Income ETF $IGLD

SBI Securities Co. Ltd. lessened its stake in FT Vest Gold Strategy Target Income ETF (BATS:IGLD) by 93.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,300 shares of the company’s stock after selling 35,122 shares during the quarter. SBI Securities Co. Ltd.’s holdings in FT Vest Gold Strategy Target Income ETF were worth $55,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of the company. Osaic Holdings Inc. increased its stake in FT Vest Gold Strategy Target Income ETF by 83.0% during the 2nd quarter. Osaic Holdings Inc. now owns 249,143 shares of the company’s stock valued at $5,409,000 after purchasing an additional 112,981 shares in the last quarter. SteelPeak Wealth LLC bought a new position in shares of FT Vest Gold Strategy Target Income ETF in the third quarter worth approximately $485,000. D.A. Davidson & CO. grew its holdings in shares of FT Vest Gold Strategy Target Income ETF by 29.0% during the second quarter. D.A. Davidson & CO. now owns 30,034 shares of the company’s stock valued at $652,000 after buying an additional 6,757 shares during the last quarter. Avantax Advisory Services Inc. grew its holdings in shares of FT Vest Gold Strategy Target Income ETF by 32.0% during the second quarter. Avantax Advisory Services Inc. now owns 129,485 shares of the company’s stock valued at $2,811,000 after buying an additional 31,382 shares during the last quarter. Finally, Harbour Investments Inc. increased its position in shares of FT Vest Gold Strategy Target Income ETF by 57.3% during the second quarter. Harbour Investments Inc. now owns 14,901 shares of the company’s stock valued at $324,000 after acquiring an additional 5,430 shares in the last quarter.

FT Vest Gold Strategy Target Income ETF Stock Up 1.0%

IGLD stock opened at $28.21 on Thursday. FT Vest Gold Strategy Target Income ETF has a 12-month low of $19.59 and a 12-month high of $30.42. The stock’s 50 day simple moving average is $26.36 and its 200 day simple moving average is $24.57.

FT Vest Gold Strategy Target Income ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, February 3rd. Stockholders of record on Monday, February 2nd were issued a dividend of $0.5544 per share. This represents a c) dividend on an annualized basis and a dividend yield of 23.6%. The ex-dividend date of this dividend was Monday, February 2nd.

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.