Rise Advisors LLC Buys 820,002 Shares of FT Vest Investment Grade & Target Income ETF $LQTI

Rise Advisors LLC raised its stake in FT Vest Investment Grade & Target Income ETF (NYSEARCA:LQTI) by 10,901.4% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 827,524 shares of the company’s stock after buying an additional 820,002 shares during the period. FT Vest Investment Grade & Target Income ETF comprises 5.9% of Rise Advisors LLC’s holdings, making the stock its 6th largest position. Rise Advisors LLC owned about 0.07% of FT Vest Investment Grade & Target Income ETF worth $16,650,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently modified their holdings of the business. Forefront Wealth Partners LLC raised its position in shares of FT Vest Investment Grade & Target Income ETF by 1.9% during the fourth quarter. Forefront Wealth Partners LLC now owns 32,918 shares of the company’s stock worth $662,000 after purchasing an additional 621 shares during the period. Prosperity Financial Group Inc. raised its position in shares of FT Vest Investment Grade & Target Income ETF by 0.6% during the fourth quarter. Prosperity Financial Group Inc. now owns 171,043 shares of the company’s stock worth $3,441,000 after purchasing an additional 1,024 shares during the period. Advisory Services Network LLC raised its position in shares of FT Vest Investment Grade & Target Income ETF by 3.2% during the third quarter. Advisory Services Network LLC now owns 83,811 shares of the company’s stock worth $1,710,000 after purchasing an additional 2,580 shares during the period. IFP Advisors Inc raised its position in shares of FT Vest Investment Grade & Target Income ETF by 34.9% during the fourth quarter. IFP Advisors Inc now owns 17,329 shares of the company’s stock worth $349,000 after purchasing an additional 4,483 shares during the period. Finally, Sulzberger Capital Advisors Inc. raised its position in shares of FT Vest Investment Grade & Target Income ETF by 3.0% during the fourth quarter. Sulzberger Capital Advisors Inc. now owns 182,357 shares of the company’s stock worth $3,669,000 after purchasing an additional 5,258 shares during the period.

FT Vest Investment Grade & Target Income ETF Stock Up 0.1%

NYSEARCA LQTI opened at $19.24 on Wednesday. The stock’s 50-day moving average is $19.45 and its 200-day moving average is $19.78. FT Vest Investment Grade & Target Income ETF has a one year low of $18.89 and a one year high of $22.17.

FT Vest Investment Grade & Target Income ETF Profile

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.