Corrado Advisors LLC Reduces Holdings in FT Vest Gold Strategy Target Income ETF (BATS:IGLD)

Corrado Advisors LLC reduced its stake in FT Vest Gold Strategy Target Income ETF (BATS:IGLD) by 3.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 104,128 shares of the company’s stock after selling 3,857 shares during the period. Corrado Advisors LLC owned about 2.15% of FT Vest Gold Strategy Target Income ETF worth $1,966,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Pine Valley Investments Ltd Liability Co grew its holdings in FT Vest Gold Strategy Target Income ETF by 52.4% in the 4th quarter. Pine Valley Investments Ltd Liability Co now owns 19,638 shares of the company’s stock worth $371,000 after acquiring an additional 6,750 shares during the last quarter. 3EDGE Asset Management LP grew its stake in shares of FT Vest Gold Strategy Target Income ETF by 3.5% in the fourth quarter. 3EDGE Asset Management LP now owns 161,561 shares of the company’s stock worth $3,050,000 after purchasing an additional 5,415 shares during the last quarter. Kestra Investment Management LLC bought a new stake in shares of FT Vest Gold Strategy Target Income ETF in the fourth quarter worth about $81,000. Sanctuary Advisors LLC increased its holdings in FT Vest Gold Strategy Target Income ETF by 14.2% during the 4th quarter. Sanctuary Advisors LLC now owns 168,052 shares of the company’s stock valued at $3,282,000 after purchasing an additional 20,920 shares during the period. Finally, Kingsview Wealth Management LLC raised its position in FT Vest Gold Strategy Target Income ETF by 1.7% during the 4th quarter. Kingsview Wealth Management LLC now owns 52,428 shares of the company’s stock valued at $990,000 after purchasing an additional 887 shares during the last quarter.

FT Vest Gold Strategy Target Income ETF Stock Performance

IGLD opened at $19.99 on Thursday. The company’s 50-day simple moving average is $19.30 and its 200 day simple moving average is $20.41.

FT Vest Gold Strategy Target Income ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, February 4th. Shareholders of record on Monday, February 3rd were given a dividend of $0.1186 per share. This is a boost from FT Vest Gold Strategy Target Income ETF’s previous dividend of $0.11. The ex-dividend date of this dividend was Monday, February 3rd.

FT Vest Gold Strategy Target Income ETF Company 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.