Northcape Wealth Management LLC Sells 1,008 Shares of FT Vest Gold Strategy Target Income ETF (BATS:IGLD)

Northcape Wealth Management LLC lessened its holdings in shares of FT Vest Gold Strategy Target Income ETF (BATS:IGLD) by 2.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 44,463 shares of the company’s stock after selling 1,008 shares during the quarter. Northcape Wealth Management LLC owned about 0.92% of FT Vest Gold Strategy Target Income ETF worth $839,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Foundations Investment Advisors LLC lifted its holdings in shares of FT Vest Gold Strategy Target Income ETF by 26.6% during the 3rd quarter. Foundations Investment Advisors LLC now owns 101,423 shares of the company’s stock worth $2,188,000 after acquiring an additional 21,324 shares during the last quarter. Arkadios Wealth Advisors purchased a new stake in FT Vest Gold Strategy Target Income ETF during the third quarter valued at about $320,000. Janney Montgomery Scott LLC increased its holdings in shares of FT Vest Gold Strategy Target Income ETF by 50.7% in the third quarter. Janney Montgomery Scott LLC now owns 47,459 shares of the company’s stock worth $1,024,000 after buying an additional 15,971 shares during the period. XML Financial LLC lifted its stake in shares of FT Vest Gold Strategy Target Income ETF by 6.9% in the 3rd quarter. XML Financial LLC now owns 230,796 shares of the company’s stock valued at $4,978,000 after acquiring an additional 14,850 shares during the last quarter. Finally, Jaffetilchin Investment Partners LLC bought a new stake in shares of FT Vest Gold Strategy Target Income ETF in the 3rd quarter valued at about $587,000.

FT Vest Gold Strategy Target Income ETF Stock Performance

IGLD opened at $19.97 on Wednesday. The stock’s 50-day moving average is $19.18 and its 200 day moving average is $20.42.

FT Vest Gold Strategy Target Income ETF Increases Dividend

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