FT Vest Investment Grade & Target Income ETF (NYSEARCA:LQTI – Get Free Report) saw a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 8,366 shares, a drop of 59.5% from the August 31st total of 20,640 shares. Based on an average daily volume of 160,802 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the shares of the company are sold short.
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in the stock. Ameritas Advisory Services LLC purchased a new stake in FT Vest Investment Grade & Target Income ETF in the 2nd quarter worth approximately $308,000. Maridea Wealth Management LLC purchased a new position in FT Vest Investment Grade & Target Income ETF during the first quarter valued at approximately $375,000. Stenger Family Office LLC bought a new position in shares of FT Vest Investment Grade & Target Income ETF in the fourth quarter worth approximately $427,000. 1776 Wealth LLC purchased a new stake in shares of FT Vest Investment Grade & Target Income ETF in the fourth quarter worth $450,000. Finally, International Assets Investment Management LLC purchased a new stake in shares of FT Vest Investment Grade & Target Income ETF in the first quarter worth $511,000.
FT Vest Investment Grade & Target Income ETF Price Performance
NYSEARCA LQTI traded down $0.02 on Tuesday, hitting $18.05. 38,480 shares of the company traded hands, compared to its average volume of 98,154. The business’s 50 day moving average price is $18.63 and its 200-day moving average price is $19.11. FT Vest Investment Grade & Target Income ETF has a 52-week low of $18.00 and a 52-week high of $22.17.
FT Vest Investment Grade & Target Income ETF Company 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.
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