FT Vest Gold Strategy Target Income ETF (BATS:IGLD) Declares Monthly Dividend of $0.14

FT Vest Gold Strategy Target Income ETF (BATS:IGLD) announced a monthly dividend on Friday, June 28th, NASDAQ reports. Investors of record on Monday, July 1st will be paid a dividend of 0.1388 per share on Tuesday, July 2nd. This represents a $1.67 annualized dividend and a yield of 8.32%. The ex-dividend date is Monday, July 1st. This is a boost from FT Vest Gold Strategy Target Income ETF’s previous monthly dividend of $0.13.

FT Vest Gold Strategy Target Income ETF Stock Up 0.1 %

IGLD traded up $0.02 during trading hours on Friday, hitting $20.02. 25,233 shares of the company’s stock were exchanged. The stock’s 50-day moving average price is $20.06 and its 200 day moving average price is $19.47.

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.