Compound Planning Inc. Purchases New Holdings in FT Vest Gold Strategy Target Income ETF $IGLD

Compound Planning Inc. acquired a new position 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 SEC. The firm acquired 27,882 shares of the company’s stock, valued at approximately $667,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. lifted its holdings in shares of FT Vest Gold Strategy Target Income ETF by 217.6% in the third quarter. Envestnet Asset Management Inc. now owns 1,023,577 shares of the company’s stock valued at $24,504,000 after purchasing an additional 701,300 shares in the last quarter. Truist Financial Corp boosted its position in FT Vest Gold Strategy Target Income ETF by 207.8% during the 3rd quarter. Truist Financial Corp now owns 886,905 shares of the company’s stock worth $21,233,000 after acquiring an additional 598,759 shares during the period. Osaic Holdings Inc. grew its stake in FT Vest Gold Strategy Target Income ETF by 83.0% during the 2nd quarter. Osaic Holdings Inc. now owns 249,143 shares of the company’s stock valued at $5,409,000 after acquiring an additional 112,981 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of FT Vest Gold Strategy Target Income ETF by 245.2% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 153,684 shares of the company’s stock valued at $3,751,000 after purchasing an additional 109,164 shares during the period. Finally, SBI Securities Co. Ltd. increased its holdings in shares of FT Vest Gold Strategy Target Income ETF by 2,655.7% in the 2nd quarter. SBI Securities Co. Ltd. now owns 37,422 shares of the company’s stock valued at $812,000 after purchasing an additional 36,064 shares during the period.

FT Vest Gold Strategy Target Income ETF Stock Performance

IGLD stock opened at $29.00 on Friday. The firm has a 50 day simple moving average of $27.05 and a 200 day simple moving average of $25.07. FT Vest Gold Strategy Target Income ETF has a 52 week low of $19.59 and a 52 week high of $30.42.

FT Vest Gold Strategy Target Income ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, February 3rd. Shareholders of record on Monday, February 2nd were paid a dividend of $0.5544 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 22.9%.

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.