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

Corrado Advisors LLC lowered its stake in shares of FT Vest Gold Strategy Target Income ETF (BATS:IGLD) by 4.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 115,472 shares of the company’s stock after selling 4,781 shares during the period. FT Vest Gold Strategy Target Income ETF accounts for about 1.8% of Corrado Advisors LLC’s investment portfolio, making the stock its 19th biggest holding. Corrado Advisors LLC owned approximately 2.85% of FT Vest Gold Strategy Target Income ETF worth $2,219,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Marion Wealth Management purchased a new stake in shares of FT Vest Gold Strategy Target Income ETF during the 4th quarter valued at $1,148,000. HighTower Advisors LLC lifted its holdings in shares of FT Vest Gold Strategy Target Income ETF by 1.3% during the 3rd quarter. HighTower Advisors LLC now owns 61,627 shares of the company’s stock valued at $1,118,000 after purchasing an additional 804 shares during the last quarter. XML Financial LLC lifted its holdings in shares of FT Vest Gold Strategy Target Income ETF by 51.3% during the 3rd quarter. XML Financial LLC now owns 194,432 shares of the company’s stock valued at $3,521,000 after purchasing an additional 65,912 shares during the last quarter. Insight Advisors LLC PA lifted its holdings in shares of FT Vest Gold Strategy Target Income ETF by 12.4% during the 4th quarter. Insight Advisors LLC PA now owns 180,678 shares of the company’s stock valued at $3,473,000 after purchasing an additional 19,881 shares during the last quarter. Finally, Kingsview Wealth Management LLC lifted its holdings in shares of FT Vest Gold Strategy Target Income ETF by 145.7% during the 3rd quarter. Kingsview Wealth Management LLC now owns 46,134 shares of the company’s stock valued at $835,000 after purchasing an additional 27,354 shares during the last quarter.

FT Vest Gold Strategy Target Income ETF Trading Down 0.4 %

Shares of IGLD traded down $0.09 during midday trading on Tuesday, hitting $20.06. 19,933 shares of the company’s stock traded hands. The company’s 50-day moving average is $19.45 and its two-hundred day moving average is $19.00.

FT Vest Gold Strategy Target Income ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, April 3rd. Stockholders of record on Tuesday, April 2nd were issued a dividend of $0.1359 per share. The ex-dividend date of this dividend was Monday, April 1st. This is a positive change from FT Vest Gold Strategy Target Income ETF’s previous dividend of $0.13.

FT Vest Gold Strategy Target Income ETF 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.