FT Vest Investment Grade & Target Income ETF $LQTI Shares Bought by Rise Advisors LLC

Rise Advisors LLC raised its stake in FT Vest Investment Grade & Target Income ETF (NYSEARCA:LQTI) by 4.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 979,814 shares of the company’s stock after acquiring an additional 43,167 shares during the period. FT Vest Investment Grade & Target Income ETF accounts for approximately 5.3% of Rise Advisors LLC’s portfolio, making the stock its 8th largest position. Rise Advisors LLC owned approximately 6.47% of FT Vest Investment Grade & Target Income ETF worth $18,920,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. Kingsview Wealth Management LLC purchased a new stake in shares of FT Vest Investment Grade & Target Income ETF in the 4th quarter valued at about $928,000. Insight Advisors LLC PA grew its stake in FT Vest Investment Grade & Target Income ETF by 64.3% during the 4th quarter. Insight Advisors LLC PA now owns 103,711 shares of the company’s stock worth $2,087,000 after buying an additional 40,599 shares during the last quarter. Independent Financial Group LLC purchased a new position in FT Vest Investment Grade & Target Income ETF during the 1st quarter worth approximately $1,618,000. SageGuard Financial Group LLC increased its position in FT Vest Investment Grade & Target Income ETF by 79.1% during the first quarter. SageGuard Financial Group LLC now owns 157,172 shares of the company’s stock worth $3,077,000 after buying an additional 69,403 shares during the period. Finally, NewEdge Advisors LLC increased its position in FT Vest Investment Grade & Target Income ETF by 216.9% during the first quarter. NewEdge Advisors LLC now owns 169,582 shares of the company’s stock worth $3,320,000 after buying an additional 116,072 shares during the period.

FT Vest Investment Grade & Target Income ETF Stock Performance

Shares of NYSEARCA LQTI opened at $18.68 on Wednesday. FT Vest Investment Grade & Target Income ETF has a twelve month low of $18.61 and a twelve month high of $22.17. The stock has a 50 day moving average of $19.09 and a two-hundred day moving average of $19.46.

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.