FT Vest Investment Grade & Target Income ETF $LQTI Stock: LexAurum Advisors LLC Reduces Stake

LexAurum Advisors LLC decreased its holdings in shares of FT Vest Investment Grade & Target Income ETF (NYSEARCA:LQTI) by 36.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 201,939 shares of the company’s stock after selling 116,518 shares during the quarter. LexAurum Advisors LLC owned 1.73% of FT Vest Investment Grade & Target Income ETF worth $3,647,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. Rise Advisors LLC raised its stake in FT Vest Investment Grade & Target Income ETF by 7.1% in the third quarter. Rise Advisors LLC now owns 1,049,625 shares of the company’s stock valued at $18,956,000 after purchasing an additional 69,811 shares in the last quarter. Bullseye Investment Management LLC purchased a new position in FT Vest Investment Grade & Target Income ETF in the 2nd quarter worth approximately $11,802,000. Cetera Investment Advisers grew its stake in FT Vest Investment Grade & Target Income ETF by 126.2% in the 1st quarter. Cetera Investment Advisers now owns 469,083 shares of the company’s stock worth $9,185,000 after buying an additional 261,680 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in FT Vest Investment Grade & Target Income ETF by 3.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 221,998 shares of the company’s stock worth $4,287,000 after buying an additional 6,702 shares in the last quarter. Finally, IFP Advisors Inc increased its holdings in shares of FT Vest Investment Grade & Target Income ETF by 1.3% in the 2nd quarter. IFP Advisors Inc now owns 173,194 shares of the company’s stock worth $3,344,000 after buying an additional 2,167 shares during the last quarter.

FT Vest Investment Grade & Target Income ETF Price Performance

Shares of NYSEARCA:LQTI traded down $0.08 during trading on Monday, reaching $18.06. The company had a trading volume of 41,596 shares, compared to its average volume of 98,866. The company has a fifty day moving average of $18.42 and a two-hundred day moving average of $18.98. FT Vest Investment Grade & Target Income ETF has a 12 month low of $17.80 and a 12 month high of $22.17.

FT Vest Investment Grade & Target Income ETF Company Profile

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.