Brookstone Capital Management Makes New $748,000 Investment in FT Vest Investment Grade & Target Income ETF $LQTI

Brookstone Capital Management bought a new stake in shares of FT Vest Investment Grade & Target Income ETF (NYSEARCA:LQTI) in the fourth quarter, Holdings Channel reports. The fund bought 37,192 shares of the company’s stock, valued at approximately $748,000.

Several other hedge funds and other institutional investors have also made changes to their positions in LQTI. Quad Cities Investment Group LLC acquired a new stake in shares of FT Vest Investment Grade & Target Income ETF in the fourth quarter worth approximately $506,000. Sulzberger Capital Advisors Inc. increased its position in shares of FT Vest Investment Grade & Target Income ETF by 3.0% during the fourth quarter. Sulzberger Capital Advisors Inc. now owns 182,357 shares of the company’s stock worth $3,669,000 after purchasing an additional 5,258 shares in the last quarter. Advisory Services Network LLC raised its stake in FT Vest Investment Grade & Target Income ETF by 3.2% in the 3rd quarter. Advisory Services Network LLC now owns 83,811 shares of the company’s stock valued at $1,710,000 after purchasing an additional 2,580 shares during the last quarter. Prosperity Financial Group Inc. raised its stake in FT Vest Investment Grade & Target Income ETF by 2.0% in the 3rd quarter. Prosperity Financial Group Inc. now owns 170,019 shares of the company’s stock valued at $3,469,000 after purchasing an additional 3,384 shares during the last quarter. Finally, Aptus Capital Advisors LLC lifted its holdings in FT Vest Investment Grade & Target Income ETF by 996.8% in the 3rd quarter. Aptus Capital Advisors LLC now owns 1,535,246 shares of the company’s stock valued at $31,328,000 after purchasing an additional 1,395,276 shares in the last quarter.

FT Vest Investment Grade & Target Income ETF Price Performance

Shares of LQTI opened at $19.53 on Friday. FT Vest Investment Grade & Target Income ETF has a 52-week low of $19.28 and a 52-week high of $22.17. The firm’s fifty day moving average is $19.81 and its two-hundred day moving average is $20.07.

About FT Vest Investment Grade & Target Income ETF

The FT Vest Investment Grade & Target Income ETF (LQTI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that seeks to provide current income and capital appreciation through a synthetic long exposure to the iShares iBoxx Investment Grade Corporate Bond ETF (LQD) and a partial covered call strategy. It seeks an annual rate of approximately 5% over LQDs current annual yield. LQTI was launched on Feb 12, 2025 and is issued by First Trust.