Cambridge Advisors Inc. Boosts Stock Holdings in FT Vest Gold Strategy Target Income ETF (BATS:IGLD)

Cambridge Advisors Inc. increased its position in FT Vest Gold Strategy Target Income ETF (BATS:IGLD) by 26.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 17,828 shares of the company’s stock after acquiring an additional 3,719 shares during the period. Cambridge Advisors Inc. owned about 0.37% of FT Vest Gold Strategy Target Income ETF worth $337,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in IGLD. HFG Wealth Management LLC raised its stake in shares of FT Vest Gold Strategy Target Income ETF by 4.1% in the second quarter. HFG Wealth Management LLC now owns 542,459 shares of the company’s stock worth $10,861,000 after purchasing an additional 21,296 shares during the last quarter. Cetera Investment Advisers raised its position in FT Vest Gold Strategy Target Income ETF by 17.8% in the 2nd quarter. Cetera Investment Advisers now owns 71,249 shares of the company’s stock worth $1,427,000 after buying an additional 10,750 shares during the last quarter. Sanctuary Advisors LLC bought a new position in FT Vest Gold Strategy Target Income ETF during the 2nd quarter valued at about $2,105,000. Marion Wealth Management boosted its holdings in shares of FT Vest Gold Strategy Target Income ETF by 5.9% during the 3rd quarter. Marion Wealth Management now owns 66,112 shares of the company’s stock valued at $1,426,000 after acquiring an additional 3,662 shares during the last quarter. Finally, Crosspoint Financial LLC grew its stake in shares of FT Vest Gold Strategy Target Income ETF by 45.3% in the third quarter. Crosspoint Financial LLC now owns 16,073 shares of the company’s stock worth $347,000 after acquiring an additional 5,008 shares during the period.

FT Vest Gold Strategy Target Income ETF Stock Performance

Shares of FT Vest Gold Strategy Target Income ETF stock opened at $19.11 on Friday. The firm’s fifty day moving average is $19.58 and its 200 day moving average is $20.55.

FT Vest Gold Strategy Target Income ETF Cuts Dividend

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

About FT Vest Gold Strategy Target Income ETF

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.