FT Vest Gold Strategy Target Income ETF (BATS:IGLD) Increases Dividend to $0.14 Per Share

FT Vest Gold Strategy Target Income ETF (BATS:IGLD) declared a dividend on Thursday, March 28th, NASDAQ reports. Investors of record on Tuesday, April 2nd will be given a dividend of 0.1359 per share on Wednesday, April 3rd. The ex-dividend date of this dividend is Monday, April 1st. This is a boost from FT Vest Gold Strategy Target Income ETF’s previous dividend of $0.13.

FT Vest Gold Strategy Target Income ETF Stock Up 0.8 %

IGLD stock traded up $0.16 during midday trading on Friday, reaching $19.69. The company had a trading volume of 7,165 shares. The company’s fifty day simple moving average is $18.98 and its 200 day simple moving average is $18.79.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of IGLD. Kestra Advisory Services LLC grew its position in FT Vest Gold Strategy Target Income ETF by 9.4% in the fourth quarter. Kestra Advisory Services LLC now owns 755,852 shares of the company’s stock valued at $14,527,000 after acquiring an additional 65,195 shares during the last quarter. Envestnet Asset Management Inc. bought a new position in FT Vest Gold Strategy Target Income ETF in the fourth quarter valued at about $735,000. Susquehanna International Group LLP grew its position in FT Vest Gold Strategy Target Income ETF by 140.8% in the fourth quarter. Susquehanna International Group LLP now owns 30,469 shares of the company’s stock valued at $580,000 after acquiring an additional 17,817 shares during the last quarter. Osaic Holdings Inc. grew its holdings in shares of FT Vest Gold Strategy Target Income ETF by 8.9% during the second quarter. Osaic Holdings Inc. now owns 173,918 shares of the company’s stock worth $3,327,000 after purchasing an additional 14,217 shares during the last quarter. Finally, LPL Financial LLC bought a new stake in shares of FT Vest Gold Strategy Target Income ETF during the third quarter worth about $193,000.

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.