Corrado Advisors LLC Reduces Position in FT Vest Gold Strategy Target Income ETF (BATS:IGLD)

Corrado Advisors LLC lessened its position in shares of FT Vest Gold Strategy Target Income ETF (BATS:IGLD) by 4.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 115,472 shares of the company’s stock after selling 4,781 shares during the quarter. FT Vest Gold Strategy Target Income ETF comprises 1.8% of Corrado Advisors LLC’s investment portfolio, making the stock its 19th biggest holding. Corrado Advisors LLC’s holdings in FT Vest Gold Strategy Target Income ETF were worth $2,219,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Sloy Dahl & Holst LLC grew its stake in FT Vest Gold Strategy Target Income ETF by 2.4% during the 4th quarter. Sloy Dahl & Holst LLC now owns 23,185 shares of the company’s stock worth $446,000 after buying an additional 550 shares during the last quarter. HighTower Advisors LLC lifted its holdings in shares of FT Vest Gold Strategy Target Income ETF by 1.3% in the 3rd quarter. HighTower Advisors LLC now owns 61,627 shares of the company’s stock valued at $1,118,000 after buying an additional 804 shares during the period. IFP Advisors Inc lifted its holdings in shares of FT Vest Gold Strategy Target Income ETF by 16.0% in the 3rd quarter. IFP Advisors Inc now owns 7,523 shares of the company’s stock valued at $136,000 after buying an additional 1,040 shares during the period. Fortitude Family Office LLC acquired a new stake in shares of FT Vest Gold Strategy Target Income ETF in the 4th quarter valued at approximately $67,000. Finally, MTM Investment Management LLC raised its holdings in FT Vest Gold Strategy Target Income ETF by 5.4% during the third quarter. MTM Investment Management LLC now owns 69,330 shares of the company’s stock worth $1,256,000 after purchasing an additional 3,550 shares during the last quarter.

FT Vest Gold Strategy Target Income ETF Stock Performance

IGLD stock traded down $0.09 during midday trading on Tuesday, hitting $20.06. 19,933 shares of the stock were exchanged. The stock’s fifty day moving average is $19.45 and its 200-day moving average is $19.00.

FT Vest Gold Strategy Target Income ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, April 3rd. Investors of record on Tuesday, April 2nd were issued a dividend of $0.1359 per share. The ex-dividend date was Monday, April 1st. This is a boost from FT Vest Gold Strategy Target Income ETF’s previous dividend of $0.13.

About FT Vest Gold Strategy Target Income ETF

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.