FT Vest Gold Strategy Target Income ETF (BATS:IGLD) Short Interest Down 39.9% in June

FT Vest Gold Strategy Target Income ETF (BATS:IGLD) was the recipient of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 79,281 shares, a decrease of 39.9% from the June 15th total of 131,943 shares. Based on an average daily volume of 454,907 shares, the short-interest ratio is presently 0.2 days. Currently, 0.7% of the company’s stock are sold short.

FT Vest Gold Strategy Target Income ETF Stock Performance

IGLD stock opened at $20.79 on Thursday. FT Vest Gold Strategy Target Income ETF has a twelve month low of $20.46 and a twelve month high of $30.42. The business has a 50 day moving average price of $22.57 and a two-hundred day moving average price of $25.08.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of IGLD. LPL Financial LLC boosted its holdings 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 boosted its stake in shares of FT Vest Gold Strategy Target Income ETF by 1.8% in the fourth quarter. Truist Financial Corp now owns 903,290 shares of the company’s stock valued at $22,591,000 after buying an additional 16,385 shares during the period. Luken Investment Analytics LLC grew its holdings 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 worth $21,238,000 after purchasing an additional 5,428 shares in the last quarter. Kestra Advisory Services LLC increased its holdings in FT Vest Gold Strategy Target Income ETF by 2.7% in the 4th quarter. Kestra Advisory Services LLC now owns 751,169 shares of the company’s stock valued at $18,787,000 after buying an additional 19,810 shares during the period. Finally, Hilton Capital Management LLC raised its position 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 valued at $15,093,000 after purchasing an additional 369,130 shares in the last quarter.

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.