19,493 Shares in FT Vest Gold Strategy Target Income ETF $IGLD Purchased by Synovus Financial Corp

Synovus Financial Corp bought a new stake in shares of FT Vest Gold Strategy Target Income ETF (BATS:IGLD) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 19,493 shares of the company’s stock, valued at approximately $467,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Geneos Wealth Management Inc. grew its stake in FT Vest Gold Strategy Target Income ETF by 20.8% during the 1st quarter. Geneos Wealth Management Inc. now owns 2,823 shares of the company’s stock worth $59,000 after buying an additional 486 shares during the last quarter. Cherry Creek Investment Advisors Inc. grew its position in shares of FT Vest Gold Strategy Target Income ETF by 1.8% during the second quarter. Cherry Creek Investment Advisors Inc. now owns 26,909 shares of the company’s stock worth $584,000 after acquiring an additional 487 shares during the last quarter. Balboa Wealth Partners increased its holdings in shares of FT Vest Gold Strategy Target Income ETF by 3.4% in the 3rd quarter. Balboa Wealth Partners now owns 14,957 shares of the company’s stock worth $358,000 after acquiring an additional 494 shares during the period. Marion Wealth Management increased its holdings in shares of FT Vest Gold Strategy Target Income ETF by 1.0% in the 3rd quarter. Marion Wealth Management now owns 75,713 shares of the company’s stock worth $1,813,000 after acquiring an additional 747 shares during the period. Finally, Arkadios Wealth Advisors lifted its position in FT Vest Gold Strategy Target Income ETF by 6.0% in the 2nd quarter. Arkadios Wealth Advisors now owns 14,673 shares of the company’s stock valued at $319,000 after purchasing an additional 835 shares during the last quarter.

FT Vest Gold Strategy Target Income ETF Price Performance

FT Vest Gold Strategy Target Income ETF stock opened at $28.98 on Tuesday. FT Vest Gold Strategy Target Income ETF has a 52-week low of $19.59 and a 52-week high of $30.42. The firm has a 50-day moving average price of $26.80 and a two-hundred day moving average price of $24.93.

FT Vest Gold Strategy Target Income ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, February 3rd. Stockholders of record on Monday, February 2nd were given a dividend of $0.5544 per share. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 23.0%.

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.