Independent Wealth Network Inc. Sells 8,116 Shares of FT Vest Gold Strategy Target Income ETF (BATS:IGLD)

Independent Wealth Network Inc. trimmed its holdings in FT Vest Gold Strategy Target Income ETF (BATS:IGLD) by 26.6% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 22,428 shares of the company’s stock after selling 8,116 shares during the quarter. Independent Wealth Network Inc.’s holdings in FT Vest Gold Strategy Target Income ETF were worth $423,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in IGLD. OneDigital Investment Advisors LLC increased its position in 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 period. Arkadios Wealth Advisors purchased a new position in FT Vest Gold Strategy Target Income ETF during the 3rd quarter valued at $320,000. Cambridge Advisors Inc. increased its position in FT Vest Gold Strategy Target Income ETF by 26.4% during the 4th quarter. Cambridge Advisors Inc. now owns 17,828 shares of the company’s stock valued at $337,000 after purchasing an additional 3,719 shares during the period. Integrated Wealth Concepts LLC purchased a new position in FT Vest Gold Strategy Target Income ETF during the 3rd quarter valued at $346,000. Finally, Crosspoint Financial LLC increased its position in FT Vest Gold Strategy Target Income ETF by 45.3% during the 3rd quarter. Crosspoint Financial LLC now owns 16,073 shares of the company’s stock valued at $347,000 after purchasing an additional 5,008 shares during the period.

FT Vest Gold Strategy Target Income ETF Trading Up 1.5 %

Shares of FT Vest Gold Strategy Target Income ETF stock opened at $19.34 on Thursday. The firm’s 50-day moving average is $19.47 and its two-hundred day moving average is $20.53.

FT Vest Gold Strategy Target Income ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, January 3rd. Stockholders of record on Thursday, January 2nd were given 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.