SageGuard Financial Group LLC Purchases 69,403 Shares of FT Vest Investment Grade & Target Income ETF $LQTI

SageGuard Financial Group LLC lifted its position in FT Vest Investment Grade & Target Income ETF (NYSEARCA:LQTI) by 79.1% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 157,172 shares of the company’s stock after purchasing an additional 69,403 shares during the quarter. SageGuard Financial Group LLC’s holdings in FT Vest Investment Grade & Target Income ETF were worth $3,077,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of LQTI. Kestra Advisory Services LLC acquired a new position in shares of FT Vest Investment Grade & Target Income ETF in the 4th quarter worth approximately $216,000. Integrated Wealth Concepts LLC acquired a new stake in shares of FT Vest Investment Grade & Target Income ETF in the fourth quarter valued at $251,000. Envestnet Asset Management Inc. bought a new position in shares of FT Vest Investment Grade & Target Income ETF in the third quarter valued at about $336,000. IFP Advisors Inc raised its holdings in shares of FT Vest Investment Grade & Target Income ETF by 34.9% in the fourth quarter. IFP Advisors Inc now owns 17,329 shares of the company’s stock valued at $349,000 after buying an additional 4,483 shares during the last quarter. Finally, Maridea Wealth Management LLC acquired a new position in FT Vest Investment Grade & Target Income ETF during the 1st quarter worth about $375,000.

FT Vest Investment Grade & Target Income ETF Price Performance

Shares of NYSEARCA:LQTI opened at $19.38 on Monday. FT Vest Investment Grade & Target Income ETF has a 12 month low of $18.89 and a 12 month high of $22.17. The company’s 50-day moving average price is $19.40 and its two-hundred day moving average price is $19.71.

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.