FT Vest Gold Strategy Target Income ETF $IGLD Stock Position Raised by Truist Financial Corp

Truist Financial Corp increased its stake in FT Vest Gold Strategy Target Income ETF (BATS:IGLD) by 207.8% during the third quarter, HoldingsChannel reports. The firm owned 886,905 shares of the company’s stock after acquiring an additional 598,759 shares during the period. Truist Financial Corp owned 0.08% of FT Vest Gold Strategy Target Income ETF worth $21,233,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in IGLD. Northwestern Mutual Wealth Management Co. acquired a new position in FT Vest Gold Strategy Target Income ETF during the second quarter valued at $37,000. Geneos Wealth Management Inc. lifted its stake in shares of FT Vest Gold Strategy Target Income ETF by 20.8% in the 1st quarter. Geneos Wealth Management Inc. now owns 2,823 shares of the company’s stock valued at $59,000 after purchasing an additional 486 shares during the last quarter. Annex Advisory Services LLC acquired a new stake in shares of FT Vest Gold Strategy Target Income ETF in the third quarter worth about $207,000. MGO One Seven LLC acquired a new stake in FT Vest Gold Strategy Target Income ETF in the 2nd quarter worth approximately $215,000. Finally, Global Assets Advisory LLC bought a new stake in shares of FT Vest Gold Strategy Target Income ETF during the 3rd quarter worth $217,000.

FT Vest Gold Strategy Target Income ETF Stock Up 43.2%

Shares of BATS:IGLD opened at $27.28 on Friday. The stock’s 50-day moving average is $26.01 and its 200-day moving average is $24.25. FT Vest Gold Strategy Target Income ETF has a 52-week low of $18.39 and a 52-week high of $22.40.

FT Vest Gold Strategy Target Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 29th were paid a $0.5968 dividend. The ex-dividend date was Monday, December 29th. This is a positive change from FT Vest Gold Strategy Target Income ETF’s previous monthly dividend of $0.46. This represents a c) annualized dividend and a dividend yield of 26.2%.

FT Vest Gold Strategy Target Income ETF Profile

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.