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

SBI Securities Co. Ltd. lessened its position in FT Vest Gold Strategy Target Income ETF (BATS:IGLD) by 93.9% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,300 shares of the company’s stock after selling 35,122 shares during the period. SBI Securities Co. Ltd.’s holdings in FT Vest Gold Strategy Target Income ETF were worth $55,000 at the end of the most recent reporting period.

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

FT Vest Gold Strategy Target Income ETF Stock Up 1.0%

Shares of IGLD opened at $28.21 on Thursday. The firm’s 50-day moving average price is $26.36 and its 200-day moving average price is $24.57. FT Vest Gold Strategy Target Income ETF has a 1-year low of $19.59 and a 1-year high of $30.42.

FT Vest Gold Strategy Target Income ETF Cuts Dividend

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

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.