FT Vest Investment Grade & Target Income ETF (NYSEARCA:LQTI – Get Free Report) was the recipient of a significant drop in short interest in September. As of September 30th, there was short interest totaling 3,438 shares, a drop of 58.9% from the September 15th total of 8,366 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 187,294 shares, the days-to-cover ratio is presently 0.0 days.
Institutional Trading of FT Vest Investment Grade & Target Income ETF
Hedge funds have recently added to or reduced their stakes in the business. B. Riley Wealth Advisors Inc. bought a new position in shares of FT Vest Investment Grade & Target Income ETF during the third quarter valued at about $1,175,000. Private Client Services LLC purchased a new position in shares of FT Vest Investment Grade & Target Income ETF in the third quarter worth about $320,000. Envestnet Asset Management Inc. lifted its stake in shares of FT Vest Investment Grade & Target Income ETF by 3.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 221,998 shares of the company’s stock valued at $4,287,000 after acquiring an additional 6,702 shares during the last quarter. Bullseye Investment Management LLC bought a new stake in shares of FT Vest Investment Grade & Target Income ETF in the 2nd quarter valued at about $11,802,000. Finally, Capital Analysts LLC lifted its stake in shares of FT Vest Investment Grade & Target Income ETF by 19.6% in the 2nd quarter. Capital Analysts LLC now owns 46,824 shares of the company’s stock valued at $905,000 after acquiring an additional 7,667 shares during the last quarter.
FT Vest Investment Grade & Target Income ETF Trading Up 0.1%
Shares of LQTI traded up $0.02 during mid-day trading on Wednesday, reaching $18.04. The company’s stock had a trading volume of 39,986 shares, compared to its average volume of 99,048. FT Vest Investment Grade & Target Income ETF has a 52 week low of $17.80 and a 52 week high of $22.17. The company’s fifty day moving average price is $18.46 and its two-hundred day moving average price is $19.01.
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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