NewEdge Advisors LLC Has $3.32 Million Stake in FT Vest Investment Grade & Target Income ETF $LQTI

NewEdge Advisors LLC raised its holdings in FT Vest Investment Grade & Target Income ETF (NYSEARCA:LQTI) by 216.9% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 169,582 shares of the company’s stock after purchasing an additional 116,072 shares during the quarter. NewEdge Advisors LLC owned approximately 1.19% of FT Vest Investment Grade & Target Income ETF worth $3,320,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Kestra Advisory Services LLC bought a new position in shares of FT Vest Investment Grade & Target Income ETF in the 4th quarter valued at about $216,000. Integrated Wealth Concepts LLC acquired a new stake in shares of FT Vest Investment Grade & Target Income ETF during the 4th quarter worth approximately $251,000. Envestnet Asset Management Inc. bought a new stake in shares of FT Vest Investment Grade & Target Income ETF during the third quarter worth approximately $336,000. IFP Advisors Inc raised its stake 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 buying an additional 4,483 shares during the last quarter. Finally, Maridea Wealth Management LLC acquired a new position in FT Vest Investment Grade & Target Income ETF in the first quarter valued at approximately $375,000.

FT Vest Investment Grade & Target Income ETF Stock Down 0.2%

Shares of LQTI stock opened at $18.80 on Friday. FT Vest Investment Grade & Target Income ETF has a 52-week low of $18.77 and a 52-week high of $22.17. The firm’s 50 day moving average price is $19.18 and its two-hundred day moving average price is $19.53.

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.