SageGuard Financial Group LLC Invests $1.77 Million in FT Vest Investment Grade & Target Income ETF $LQTI

SageGuard Financial Group LLC purchased a new position in shares of FT Vest Investment Grade & Target Income ETF (NYSEARCA:LQTI) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 87,769 shares of the company’s stock, valued at approximately $1,766,000. SageGuard Financial Group LLC owned 0.75% of FT Vest Investment Grade & Target Income ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in LQTI. Great Valley Advisor Group Inc. acquired a new stake in shares of FT Vest Investment Grade & Target Income ETF during the 2nd quarter worth approximately $1,064,000. Advisory Services Network LLC bought a new position in shares of FT Vest Investment Grade & Target Income ETF during the second quarter worth about $1,639,000. Independent Wealth Network Inc. grew its position in shares of FT Vest Investment Grade & Target Income ETF by 14.7% during the third quarter. Independent Wealth Network Inc. now owns 102,374 shares of the company’s stock worth $2,089,000 after acquiring an additional 13,134 shares during the last quarter. Apollon Wealth Management LLC bought a new position in shares of FT Vest Investment Grade & Target Income ETF during the third quarter worth about $440,000. Finally, Forefront Wealth Partners LLC bought a new position in shares of FT Vest Investment Grade & Target Income ETF during the third quarter worth about $659,000.

FT Vest Investment Grade & Target Income ETF Stock Performance

FT Vest Investment Grade & Target Income ETF stock opened at $19.75 on Tuesday. The company has a 50-day simple moving average of $19.74 and a 200-day simple moving average of $20.01. FT Vest Investment Grade & Target Income ETF has a one year low of $19.28 and a one year 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.