Balboa Wealth Partners Acquires Shares of 98,795 FT Vest Investment Grade & Target Income ETF $LQTI

Balboa Wealth Partners acquired a new position in shares of FT Vest Investment Grade & Target Income ETF (NYSEARCA:LQTI) in the first quarter, according to its most recent disclosure with the SEC. The firm acquired 98,795 shares of the company’s stock, valued at approximately $1,934,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Ferguson Shapiro LLC acquired a new position in shares of FT Vest Investment Grade & Target Income ETF in the third quarter valued at approximately $210,000. Kestra Advisory Services LLC acquired a new stake in shares of FT Vest Investment Grade & Target Income ETF in the 4th quarter worth $216,000. Integrated Wealth Concepts LLC acquired a new stake in shares of FT Vest Investment Grade & Target Income ETF in the 4th quarter worth $251,000. Envestnet Asset Management Inc. acquired a new stake in shares of FT Vest Investment Grade & Target Income ETF in the 3rd quarter worth $336,000. Finally, IFP Advisors Inc boosted its holdings in shares of FT Vest Investment Grade & Target Income ETF by 34.9% in the fourth quarter. IFP Advisors Inc now owns 17,329 shares of the company’s stock valued at $349,000 after acquiring an additional 4,483 shares in the last quarter.

FT Vest Investment Grade & Target Income ETF Price Performance

Shares of NYSEARCA:LQTI opened at $19.37 on Monday. FT Vest Investment Grade & Target Income ETF has a fifty-two week low of $18.89 and a fifty-two week high of $22.17. The firm’s 50-day simple moving average is $19.42 and its 200-day simple moving average is $19.73.

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.