SHP Wealth Management Makes New Investment in FT Vest Gold Strategy Target Income ETF $IGLD

SHP Wealth Management purchased a new stake in FT Vest Gold Strategy Target Income ETF (BATS:IGLD) during the 4th quarter, HoldingsChannel.com reports. The fund purchased 79,708 shares of the company’s stock, valued at approximately $1,993,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. LPL Financial LLC grew its position in shares of FT Vest Gold Strategy Target Income ETF by 36.3% during the 4th quarter. LPL Financial LLC now owns 1,522,405 shares of the company’s stock worth $38,075,000 after buying an additional 405,522 shares during the period. Truist Financial Corp lifted its position in shares of FT Vest Gold Strategy Target Income ETF by 1.8% during the 4th quarter. Truist Financial Corp now owns 903,290 shares of the company’s stock valued at $22,591,000 after acquiring an additional 16,385 shares during the period. Luken Investment Analytics LLC lifted its position in shares of FT Vest Gold Strategy Target Income ETF by 0.6% during the 4th quarter. Luken Investment Analytics LLC now owns 849,185 shares of the company’s stock valued at $21,238,000 after acquiring an additional 5,428 shares during the period. Kestra Advisory Services LLC lifted its position in shares of FT Vest Gold Strategy Target Income ETF by 2.7% during the 4th quarter. Kestra Advisory Services LLC now owns 751,169 shares of the company’s stock valued at $18,787,000 after acquiring an additional 19,810 shares during the period. Finally, Hilton Capital Management LLC boosted its stake in FT Vest Gold Strategy Target Income ETF by 157.5% during the fourth quarter. Hilton Capital Management LLC now owns 603,486 shares of the company’s stock worth $15,093,000 after acquiring an additional 369,130 shares in the last quarter.

FT Vest Gold Strategy Target Income ETF Stock Performance

BATS:IGLD opened at $22.09 on Friday. The firm has a fifty day simple moving average of $24.07 and a two-hundred day simple moving average of $25.63. FT Vest Gold Strategy Target Income ETF has a 12 month low of $21.20 and a 12 month high of $30.42.

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.