Commonwealth Equity Services LLC Makes New Investment in FT Vest Investment Grade & Target Income ETF $LQTI

Commonwealth Equity Services LLC purchased a new stake in shares of FT Vest Investment Grade & Target Income ETF (NYSEARCA:LQTI) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor purchased 755,509 shares of the company’s stock, valued at approximately $13,644,000. Commonwealth Equity Services LLC owned about 0.07% of FT Vest Investment Grade & Target Income ETF at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of LQTI. Integrity Alliance LLC. purchased a new stake in shares of FT Vest Investment Grade & Target Income ETF during the third quarter worth $228,000. Brookstone Capital Management purchased a new position in FT Vest Investment Grade & Target Income ETF in the third quarter valued at about $209,000. IFP Advisors Inc grew its stake in FT Vest Investment Grade & Target Income ETF by 4.6% in the third quarter. IFP Advisors Inc now owns 181,201 shares of the company’s stock valued at $3,272,000 after purchasing an additional 8,007 shares in the last quarter. Rise Advisors LLC grew its stake in FT Vest Investment Grade & Target Income ETF by 7.1% in the third quarter. Rise Advisors LLC now owns 1,049,625 shares of the company’s stock valued at $18,956,000 after purchasing an additional 69,811 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. acquired a new position in FT Vest Investment Grade & Target Income ETF in the 3rd quarter worth about $1,175,000.

FT Vest Investment Grade & Target Income ETF Stock Up 0.2%

Shares of LQTI stock opened at $18.24 on Thursday. FT Vest Investment Grade & Target Income ETF has a fifty-two week low of $17.80 and a fifty-two week high of $22.17. The stock’s 50-day moving average is $18.25 and its two-hundred day moving average is $19.10.

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.