Mutual Advisors LLC Purchases Shares of 177,445 FT Vest Investment Grade & Target Income ETF $LQTI

Mutual Advisors LLC purchased a new stake in shares of FT Vest Investment Grade & Target Income ETF (NYSEARCA:LQTI) during the fourth quarter, HoldingsChannel reports. The fund purchased 177,445 shares of the company’s stock, valued at approximately $3,570,000.

Several other hedge funds and other institutional investors have also made changes to their positions in LQTI. Ferguson Shapiro LLC bought a new position in shares of FT Vest Investment Grade & Target Income ETF during the 3rd quarter valued at about $210,000. TFB Advisors LLC boosted its holdings in shares of FT Vest Investment Grade & Target Income ETF by 4.7% during the 3rd quarter. TFB Advisors LLC now owns 12,585 shares of the company’s stock valued at $257,000 after purchasing an additional 567 shares during the last quarter. Envestnet Asset Management Inc. bought a new position in shares of FT Vest Investment Grade & Target Income ETF during the 3rd quarter valued at about $336,000. L.M. Kohn & Company boosted its holdings in shares of FT Vest Investment Grade & Target Income ETF by 17.5% during the 3rd quarter. L.M. Kohn & Company now owns 16,800 shares of the company’s stock valued at $343,000 after purchasing an additional 2,500 shares during the last quarter. Finally, Nations Financial Group Inc. IA ADV bought a new position in shares of FT Vest Investment Grade & Target Income ETF during the 3rd quarter valued at about $347,000.

FT Vest Investment Grade & Target Income ETF Price Performance

LQTI opened at $19.40 on Friday. The firm has a 50-day simple moving average of $19.66 and a two-hundred day simple moving average of $19.97. FT Vest Investment Grade & Target Income ETF has a 52 week low of $19.25 and a 52 week high of $22.17.

About FT Vest Investment Grade & Target Income ETF

The FT Vest Investment Grade & Target Income ETF (LQTI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that seeks to provide current income and capital appreciation through a synthetic long exposure to the iShares iBoxx Investment Grade Corporate Bond ETF (LQD) and a partial covered call strategy. It seeks an annual rate of approximately 5% over LQDs current annual yield. LQTI was launched on Feb 12, 2025 and is issued by First Trust.