Northcape Wealth Management LLC Grows Stock Position in FT Vest Gold Strategy Target Income ETF (BATS:IGLD)

Northcape Wealth Management LLC grew its position in FT Vest Gold Strategy Target Income ETF (BATS:IGLD) by 9.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 48,935 shares of the company’s stock after acquiring an additional 4,098 shares during the quarter. Northcape Wealth Management LLC’s holdings in FT Vest Gold Strategy Target Income ETF were worth $941,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Kestra Advisory Services LLC lifted its position in FT Vest Gold Strategy Target Income ETF by 11.5% during the third quarter. Kestra Advisory Services LLC now owns 690,657 shares of the company’s stock worth $12,507,000 after buying an additional 71,404 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in FT Vest Gold Strategy Target Income ETF by 12.4% during the third quarter. Commonwealth Equity Services LLC now owns 491,619 shares of the company’s stock worth $8,903,000 after buying an additional 54,088 shares in the last quarter. XML Financial LLC lifted its position in FT Vest Gold Strategy Target Income ETF by 51.3% during the third quarter. XML Financial LLC now owns 194,432 shares of the company’s stock worth $3,521,000 after buying an additional 65,912 shares in the last quarter. Insight Advisors LLC PA lifted its position in FT Vest Gold Strategy Target Income ETF by 12.4% during the fourth quarter. Insight Advisors LLC PA now owns 180,678 shares of the company’s stock worth $3,473,000 after buying an additional 19,881 shares in the last quarter. Finally, 3EDGE Asset Management LP lifted its position in FT Vest Gold Strategy Target Income ETF by 10.8% during the fourth quarter. 3EDGE Asset Management LP now owns 88,810 shares of the company’s stock worth $1,707,000 after buying an additional 8,656 shares in the last quarter.

FT Vest Gold Strategy Target Income ETF Stock Down 1.4 %

IGLD stock traded down $0.27 during midday trading on Tuesday, hitting $19.88. 84,975 shares of the company’s stock were exchanged. The company’s fifty day simple moving average is $19.58 and its 200-day simple moving average is $19.05.

FT Vest Gold Strategy Target Income ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, April 3rd. Shareholders of record on Tuesday, April 2nd were paid a dividend of $0.1359 per share. This is a boost from FT Vest Gold Strategy Target Income ETF’s previous dividend of $0.13. The ex-dividend date of this dividend was Monday, April 1st.

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.