Foundations Investment Advisors LLC Increases Position in FT Vest Gold Strategy Target Income ETF (BATS:IGLD)

Foundations Investment Advisors LLC raised its position in shares of FT Vest Gold Strategy Target Income ETF (BATS:IGLD) by 6.0% during the fourth quarter, HoldingsChannel reports. The firm owned 107,530 shares of the company’s stock after purchasing an additional 6,107 shares during the period. Foundations Investment Advisors LLC’s holdings in FT Vest Gold Strategy Target Income ETF were worth $2,030,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. OneDigital Investment Advisors LLC grew its holdings in shares of FT Vest Gold Strategy Target Income ETF by 10.0% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 11,000 shares of the company’s stock valued at $237,000 after purchasing an additional 1,000 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. Cambridge Advisors Inc. grew its stake in shares of FT Vest Gold Strategy Target Income ETF by 26.4% during the fourth quarter. Cambridge Advisors Inc. now owns 17,828 shares of the company’s stock valued at $337,000 after buying an additional 3,719 shares during the last quarter. Integrated Wealth Concepts LLC purchased a new position in shares of FT Vest Gold Strategy Target Income ETF in the third quarter worth about $346,000. Finally, Crosspoint Financial LLC lifted its stake in shares of FT Vest Gold Strategy Target Income ETF by 45.3% in the 3rd quarter. Crosspoint Financial LLC now owns 16,073 shares of the company’s stock valued at $347,000 after acquiring an additional 5,008 shares during the last quarter.

FT Vest Gold Strategy Target Income ETF Stock Performance

IGLD opened at $19.34 on Wednesday. The stock’s 50-day moving average is $19.35 and its 200 day moving average is $20.51.

FT Vest Gold Strategy Target Income ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, January 3rd. Stockholders of record on Thursday, January 2nd were issued a $0.1138 dividend. The ex-dividend date of this dividend was Thursday, January 2nd.

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.