Nations Financial Group Inc. IA ADV Invests $1.79 Million in FT Vest High Yield & Target Income ETF $HYTI

Nations Financial Group Inc. IA ADV purchased a new position in shares of FT Vest High Yield & Target Income ETF (NYSEARCA:HYTI) during the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 90,550 shares of the company’s stock, valued at approximately $1,792,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of HYTI. Triumph Capital Management acquired a new position in FT Vest High Yield & Target Income ETF in the third quarter valued at approximately $25,000. Ferguson Shapiro LLC bought a new stake in shares of FT Vest High Yield & Target Income ETF during the 3rd quarter valued at $210,000. Citadel Advisors LLC bought a new stake in shares of FT Vest High Yield & Target Income ETF during the 3rd quarter valued at $246,000. Envestnet Asset Management Inc. acquired a new position in shares of FT Vest High Yield & Target Income ETF in the 3rd quarter valued at $368,000. Finally, Capital Investment Advisory Services LLC lifted its stake in shares of FT Vest High Yield & Target Income ETF by 157.2% in the 3rd quarter. Capital Investment Advisory Services LLC now owns 23,165 shares of the company’s stock valued at $463,000 after purchasing an additional 14,160 shares during the period.

FT Vest High Yield & Target Income ETF Stock Performance

NYSEARCA:HYTI opened at $19.35 on Friday. FT Vest High Yield & Target Income ETF has a 12-month low of $19.03 and a 12-month high of $21.94. The stock’s fifty day simple moving average is $19.37 and its 200-day simple moving average is $19.61.

FT Vest High Yield & Target Income ETF Profile

The FT Vest High Yield & Target Income ETF (HYTI) is an exchange-traded fund that mostly invests in high yield 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 High Yield Corporate Bond ETF (HYG) and a partial covered call strategy. It seeks an annual rate of approximately 5% over HYGs current annual yield HYTI was launched on Feb 12, 2025 and is issued by First Trust.