Marion Wealth Management Grows Stock Position in FT Vest Gold Strategy Target Income ETF (BATS:IGLD)

Marion Wealth Management increased its stake in FT Vest Gold Strategy Target Income ETF (BATS:IGLD) by 2.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 67,958 shares of the company’s stock after acquiring an additional 1,846 shares during the period. Marion Wealth Management owned about 1.40% of FT Vest Gold Strategy Target Income ETF worth $1,283,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. OneDigital Investment Advisors LLC raised 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 worth $237,000 after acquiring an additional 1,000 shares in the last quarter. Arkadios Wealth Advisors bought a new stake in FT Vest Gold Strategy Target Income ETF in the 3rd quarter worth approximately $320,000. Integrated Wealth Concepts LLC purchased a new stake in FT Vest Gold Strategy Target Income ETF during the 3rd quarter valued at $346,000. Crosspoint Financial LLC boosted its stake in shares of FT Vest Gold Strategy Target Income ETF by 45.3% in the 3rd quarter. Crosspoint Financial LLC now owns 16,073 shares of the company’s stock worth $347,000 after buying an additional 5,008 shares during the last quarter. Finally, Jaffetilchin Investment Partners LLC bought a new stake in shares of FT Vest Gold Strategy Target Income ETF in the third quarter worth $587,000.

FT Vest Gold Strategy Target Income ETF Stock Performance

IGLD stock traded up $0.16 during trading on Monday, reaching $19.08. The stock had a trading volume of 32,411 shares. The firm’s 50 day moving average is $19.84 and its 200 day moving average is $20.59.

FT Vest Gold Strategy Target Income ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, January 3rd. Investors of record on Thursday, January 2nd were given a dividend of $0.1138 per share. The ex-dividend date was Thursday, January 2nd.

About FT Vest Gold Strategy Target Income ETF

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.