SteelPeak Wealth LLC Purchases New Shares in FT Vest Gold Strategy Target Income ETF $IGLD

SteelPeak Wealth LLC acquired a new stake in FT Vest Gold Strategy Target Income ETF (BATS:IGLD) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 20,277 shares of the company’s stock, valued at approximately $485,000. SteelPeak Wealth LLC owned approximately 0.18% of FT Vest Gold Strategy Target Income ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also modified their holdings of IGLD. Geneos Wealth Management Inc. increased its position in shares of FT Vest Gold Strategy Target Income ETF by 20.8% in the first quarter. Geneos Wealth Management Inc. now owns 2,823 shares of the company’s stock valued at $59,000 after buying an additional 486 shares in the last quarter. Cherry Creek Investment Advisors Inc. grew its stake in FT Vest Gold Strategy Target Income ETF by 1.8% in the 2nd quarter. Cherry Creek Investment Advisors Inc. now owns 26,909 shares of the company’s stock valued at $584,000 after acquiring an additional 487 shares during the period. Marion Wealth Management grew its stake in FT Vest Gold Strategy Target Income ETF by 1.0% in the 3rd quarter. Marion Wealth Management now owns 75,713 shares of the company’s stock valued at $1,813,000 after acquiring an additional 747 shares during the period. Sloy Dahl & Holst LLC increased its holdings in FT Vest Gold Strategy Target Income ETF by 2.7% in the 2nd quarter. Sloy Dahl & Holst LLC now owns 30,120 shares of the company’s stock worth $654,000 after acquiring an additional 795 shares in the last quarter. Finally, Arkadios Wealth Advisors raised its position in FT Vest Gold Strategy Target Income ETF by 6.0% during the second quarter. Arkadios Wealth Advisors now owns 14,673 shares of the company’s stock worth $319,000 after acquiring an additional 835 shares during the period.

FT Vest Gold Strategy Target Income ETF Stock Up 31.7%

IGLD opened at $25.09 on Friday. The firm’s fifty day simple moving average is $25.07 and its two-hundred day simple moving average is $23.53. FT Vest Gold Strategy Target Income ETF has a 52-week low of $18.39 and a 52-week high of $22.40.

FT Vest Gold Strategy Target Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 29th were issued a dividend of $0.5968 per share. The ex-dividend date of this dividend was Monday, December 29th. This is an increase from FT Vest Gold Strategy Target Income ETF’s previous monthly dividend of $0.46. This represents a c) dividend on an annualized basis and a dividend yield of 28.5%.

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.