Foundations Investment Advisors LLC purchased a new stake in FT Vest High Yield & Target Income ETF (NYSEARCA:HYTI – Free Report) during the fourth quarter, HoldingsChannel reports. The institutional investor purchased 26,692 shares of the company’s stock, valued at approximately $528,000.
Other hedge funds also recently made changes to their positions in the company. Triumph Capital Management acquired a new stake in shares of FT Vest High Yield & Target Income ETF in the 3rd quarter valued at approximately $25,000. Ferguson Shapiro LLC acquired a new stake in shares of FT Vest High Yield & Target Income ETF in the 3rd quarter valued at approximately $210,000. Citadel Advisors LLC acquired a new stake in shares of FT Vest High Yield & Target Income ETF in the 3rd quarter valued at approximately $246,000. Harbour Investments Inc. boosted its stake in shares of FT Vest High Yield & Target Income ETF by 116.3% in the 4th quarter. Harbour Investments Inc. now owns 17,569 shares of the company’s stock valued at $348,000 after purchasing an additional 9,448 shares in the last quarter. Finally, Envestnet Asset Management Inc. acquired a new stake in shares of FT Vest High Yield & Target Income ETF in the 3rd quarter valued at approximately $368,000.
FT Vest High Yield & Target Income ETF Stock Performance
HYTI opened at $19.16 on Tuesday. The company’s 50 day moving average is $19.27 and its 200-day moving average is $19.50. FT Vest High Yield & Target Income ETF has a 1-year low of $19.03 and a 1-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.
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Want to see what other hedge funds are holding HYTI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for FT Vest High Yield & Target Income ETF (NYSEARCA:HYTI – Free Report).
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