445,943 Shares in FT Vest Investment Grade & Target Income ETF $LQTI Bought by Creative Financial Designs Inc. ADV

Creative Financial Designs Inc. ADV purchased a new position in shares of FT Vest Investment Grade & Target Income ETF (NYSEARCA:LQTI) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 445,943 shares of the company’s stock, valued at approximately $8,972,000.

A number of other hedge funds have also bought and sold shares of LQTI. Great Valley Advisor Group Inc. bought a new stake in FT Vest Investment Grade & Target Income ETF during the second quarter worth $1,064,000. Advisory Services Network LLC bought a new stake in FT Vest Investment Grade & Target Income ETF during the second quarter worth $1,639,000. Nations Financial Group Inc. IA ADV bought a new stake in FT Vest Investment Grade & Target Income ETF during the third quarter worth $347,000. L.M. Kohn & Company lifted its holdings in FT Vest Investment Grade & Target Income ETF by 17.5% during the third quarter. L.M. Kohn & Company now owns 16,800 shares of the company’s stock worth $343,000 after acquiring an additional 2,500 shares during the period. Finally, TFB Advisors LLC lifted its holdings in FT Vest Investment Grade & Target Income ETF by 4.7% during the third quarter. TFB Advisors LLC now owns 12,585 shares of the company’s stock worth $257,000 after acquiring an additional 567 shares during the period.

FT Vest Investment Grade & Target Income ETF Trading Down 0.6%

Shares of FT Vest Investment Grade & Target Income ETF stock opened at $19.13 on Wednesday. The business’s fifty day simple moving average is $19.52 and its 200 day simple moving average is $19.87. FT Vest Investment Grade & Target Income ETF has a 12 month low of $19.06 and a 12 month high of $22.17.

About FT Vest Investment Grade & Target Income ETF

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.