FT Vest High Yield & Target Income ETF $HYTI Stock: International Assets Investment Management LLC Trims Position

International Assets Investment Management LLC lessened its position in FT Vest High Yield & Target Income ETF (NYSEARCA:HYTI) by 67.0% in the 3rd quarter, Holdings Channel reports. The fund owned 14,000 shares of the company’s stock after selling 28,410 shares during the period. International Assets Investment Management LLC’s holdings in FT Vest High Yield & Target Income ETF were worth $258,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in HYTI. Insight Advisors LLC PA raised its stake in FT Vest High Yield & Target Income ETF by 2.5% during the 3rd quarter. Insight Advisors LLC PA now owns 216,706 shares of the company’s stock valued at $3,986,000 after purchasing an additional 5,319 shares during the period. Brookstone Capital Management purchased a new stake in shares of FT Vest High Yield & Target Income ETF in the third quarter valued at $1,012,000. Hidden Cove Wealth Management LLC acquired a new stake in shares of FT Vest High Yield & Target Income ETF in the third quarter worth $472,000. Bullseye Investment Management LLC acquired a new stake in shares of FT Vest High Yield & Target Income ETF in the second quarter worth $123,000. Finally, Integrated Wealth Concepts LLC grew its holdings in shares of FT Vest High Yield & Target Income ETF by 54.0% during the second quarter. Integrated Wealth Concepts LLC now owns 25,558 shares of the company’s stock valued at $488,000 after buying an additional 8,957 shares in the last quarter.

FT Vest High Yield & Target Income ETF Stock Performance

Shares of HYTI stock traded down $0.03 on Friday, reaching $18.29. 47,785 shares of the company’s stock traded hands, compared to its average volume of 35,509. FT Vest High Yield & Target Income ETF has a 12-month low of $18.13 and a 12-month high of $20.14. The business’s 50 day moving average price is $18.49 and its two-hundred day moving average price is $19.06.

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.