Balboa Wealth Partners Purchases New Holdings in FT Vest High Yield & Target Income ETF $HYTI

Balboa Wealth Partners purchased a new stake in FT Vest High Yield & Target Income ETF (NYSEARCA:HYTI) in the first quarter, HoldingsChannel.com reports. The institutional investor purchased 85,890 shares of the company’s stock, valued at approximately $1,654,000.

Several other institutional investors have also recently made changes to their positions in the stock. Triad Wealth Partners LLC acquired a new stake in shares of FT Vest High Yield & Target Income ETF in the 1st quarter valued at approximately $275,000. OLD Mission Capital LLC acquired a new position in FT Vest High Yield & Target Income ETF during the fourth quarter worth $1,111,000. Cetera Investment Advisers acquired a new position in FT Vest High Yield & Target Income ETF during the fourth quarter worth $319,000. Kestra Advisory Services LLC raised its position in FT Vest High Yield & Target Income ETF by 7.2% during the fourth quarter. Kestra Advisory Services LLC now owns 442,848 shares of the company’s stock worth $8,762,000 after acquiring an additional 29,804 shares in the last quarter. Finally, Integrated Wealth Concepts LLC bought a new stake in FT Vest High Yield & Target Income ETF during the fourth quarter worth $228,000.

FT Vest High Yield & Target Income ETF Stock Performance

Shares of HYTI stock opened at $19.17 on Monday. The company has a fifty day moving average price of $19.26 and a two-hundred day moving average price of $19.44. FT Vest High Yield & Target Income ETF has a one year low of $19.02 and a one year high of $20.45.

FT Vest High Yield & Target Income ETF Profile

The FT Vest High Yield & Target Income ETF (HYTI) is an exchange-traded fund that mostly invests in high yield 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 High Yield Corporate Bond ETF (HYG) and a partial covered call strategy. It seeks an annual rate of approximately 5% over HYGs current annual yield HYTI was launched on Feb 12, 2025 and is issued by First Trust.