FT Vest Investment Grade & Target Income ETF (NYSEARCA:LQTI – Get Free Report) was the target of a large growth in short interest in June. As of June 15th, there was short interest totaling 72,997 shares, a growth of 132.9% from the May 31st total of 31,337 shares. Approximately 0.5% of the company’s shares are short sold. Based on an average daily volume of 71,697 shares, the short-interest ratio is presently 1.0 days.
FT Vest Investment Grade & Target Income ETF Stock Down 0.7%
LQTI traded down $0.14 on Wednesday, reaching $19.17. 39,501 shares of the company’s stock were exchanged, compared to its average volume of 85,092. The company’s 50 day moving average is $19.38 and its 200-day moving average is $19.70. FT Vest Investment Grade & Target Income ETF has a twelve month low of $18.89 and a twelve month high of $22.17.
Institutional Investors Weigh In On FT Vest Investment Grade & Target Income ETF
Institutional investors have recently bought and sold shares of the business. Kestra Advisory Services LLC acquired a new position in FT Vest Investment Grade & Target Income ETF in the 4th quarter worth $216,000. Integrated Wealth Concepts LLC acquired a new stake in shares of FT Vest Investment Grade & Target Income ETF during the fourth quarter valued at about $251,000. Envestnet Asset Management Inc. purchased a new stake in shares of FT Vest Investment Grade & Target Income ETF during the third quarter worth about $336,000. IFP Advisors Inc increased 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 acquiring an additional 4,483 shares during the last quarter. Finally, Maridea Wealth Management LLC acquired a new position in shares of FT Vest Investment Grade & Target Income ETF in the first quarter worth about $375,000.
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.
Recommended Stories
- Five stocks we like better than FT Vest Investment Grade & Target Income ETF
- AirJoule Unveils Prime System, Clearing Path to Commercialization
- Copper Stocks Are Getting a Bigger Spotlight as Gold’s Rally Cracks
- Nike Q4 Beat Masks Core Weakness as Analysts Cut Price Targets
- Uber’s Waymo Detour Tests the Stock’s Robotaxi Bull Case
Receive News & Ratings for FT Vest Investment Grade & Target Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FT Vest Investment Grade & Target Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
