Kingsview Wealth Management LLC Invests $928,000 in FT Vest Investment Grade & Target Income ETF $LQTI

Kingsview Wealth Management LLC purchased a new position in shares of FT Vest Investment Grade & Target Income ETF (NYSEARCA:LQTI) in the fourth quarter, HoldingsChannel reports. The firm purchased 46,118 shares of the company’s stock, valued at approximately $928,000.

Other hedge funds have also modified their holdings of the company. Ferguson Shapiro LLC purchased a new position in shares of FT Vest Investment Grade & Target Income ETF during the 3rd quarter worth $210,000. TFB Advisors LLC grew its holdings in shares of FT Vest Investment Grade & Target Income ETF by 4.7% during the 3rd quarter. TFB Advisors LLC now owns 12,585 shares of the company’s stock worth $257,000 after purchasing an additional 567 shares during the period. Envestnet Asset Management Inc. purchased a new position in shares of FT Vest Investment Grade & Target Income ETF during the 3rd quarter worth $336,000. IFP Advisors Inc grew its holdings in shares of FT Vest Investment Grade & Target Income ETF by 34.9% during the 4th quarter. IFP Advisors Inc now owns 17,329 shares of the company’s stock worth $349,000 after purchasing an additional 4,483 shares during the period. Finally, Capital Investment Advisory Services LLC grew its holdings in shares of FT Vest Investment Grade & Target Income ETF by 113.4% during the 3rd quarter. Capital Investment Advisory Services LLC now owns 24,485 shares of the company’s stock worth $500,000 after purchasing an additional 13,010 shares during the period.

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

NYSEARCA LQTI opened at $19.32 on Tuesday. FT Vest Investment Grade & Target Income ETF has a twelve month low of $18.89 and a twelve month high of $22.17. The stock has a fifty day simple moving average of $19.47 and a 200-day simple moving average of $19.82.

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.