NewEdge Advisors LLC increased its position in shares of FT Vest Investment Grade & Target Income ETF (NYSEARCA:LQTI – Free Report) by 216.9% during the 1st quarter, Holdings Channel reports. The fund owned 169,582 shares of the company’s stock after buying an additional 116,072 shares during the quarter. NewEdge Advisors LLC’s holdings in FT Vest Investment Grade & Target Income ETF were worth $3,320,000 at the end of the most recent quarter.
A number of other institutional investors have also recently bought and sold shares of the company. Kestra Advisory Services LLC bought a new stake in FT Vest Investment Grade & Target Income ETF in the fourth quarter valued at approximately $216,000. Integrated Wealth Concepts LLC acquired a new stake in FT Vest Investment Grade & Target Income ETF in the fourth quarter worth $251,000. Envestnet Asset Management Inc. bought a new position in shares of FT Vest Investment Grade & Target Income ETF during the third quarter worth $336,000. IFP Advisors Inc boosted its position in shares of FT Vest Investment Grade & Target Income ETF by 34.9% during the fourth quarter. IFP Advisors Inc now owns 17,329 shares of the company’s stock worth $349,000 after purchasing an additional 4,483 shares in the last quarter. Finally, Maridea Wealth Management LLC acquired a new position in shares of FT Vest Investment Grade & Target Income ETF in the 1st quarter valued at $375,000.
FT Vest Investment Grade & Target Income ETF Price Performance
Shares of LQTI stock opened at $18.80 on Friday. FT Vest Investment Grade & Target Income ETF has a 12-month low of $18.77 and a 12-month high of $22.17. The firm has a fifty day moving average of $19.18 and a 200-day moving average of $19.53.
FT Vest Investment Grade & Target Income ETF Company Profile
The FT Vest Investment Grade & Target Income ETF (LQTI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that seeks to provide current income and capital appreciation through a synthetic long exposure to the iShares iBoxx Investment Grade Corporate Bond ETF (LQD) and a partial covered call strategy. It seeks an annual rate of approximately 5% over LQDs current annual yield. LQTI was launched on Feb 12, 2025 and is issued by First Trust.
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