Maridea Wealth Management LLC Acquires New Stake in FT Vest High Yield & Target Income ETF $HYTI

Maridea Wealth Management LLC bought a new position in shares of FT Vest High Yield & Target Income ETF (NYSEARCA:HYTI) in the 1st quarter, HoldingsChannel.com reports. The institutional investor bought 38,227 shares of the company’s stock, valued at approximately $736,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Brookstone Capital Management grew its position in shares of FT Vest High Yield & Target Income ETF by 12.6% in the 1st quarter. Brookstone Capital Management now owns 102,248 shares of the company’s stock valued at $1,969,000 after buying an additional 11,432 shares during the last quarter. Balboa Wealth Partners bought a new position in shares of FT Vest High Yield & Target Income ETF during the first quarter worth about $1,654,000. Triad Wealth Partners LLC acquired a new position in shares of FT Vest High Yield & Target Income ETF in the first quarter worth approximately $275,000. OLD Mission Capital LLC acquired a new position in shares of FT Vest High Yield & Target Income ETF in the fourth quarter worth approximately $1,111,000. Finally, Cetera Investment Advisers bought a new stake in FT Vest High Yield & Target Income ETF in the fourth quarter valued at approximately $319,000.

FT Vest High Yield & Target Income ETF Trading Up 0.4%

Shares of HYTI stock opened at $19.19 on Friday. The business’s 50 day simple moving average is $19.23 and its 200 day simple moving average is $19.43. FT Vest High Yield & Target Income ETF has a one year low of $19.02 and a one year high of $20.45.

FT Vest High Yield & Target Income ETF Company 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.