Independent Financial Group LLC Invests $1.88 Million in FT Vest High Yield & Target Income ETF $HYTI

Independent Financial Group LLC purchased a new stake in shares of FT Vest High Yield & Target Income ETF (NYSEARCA:HYTI) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 97,714 shares of the company’s stock, valued at approximately $1,882,000. Independent Financial Group LLC owned approximately 2.30% of FT Vest High Yield & Target Income ETF at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of HYTI. Nations Financial Group Inc. IA ADV purchased a new stake in shares of FT Vest High Yield & Target Income ETF in the fourth quarter worth approximately $1,792,000. Foundations Investment Advisors LLC purchased a new position in FT Vest High Yield & Target Income ETF during the fourth quarter valued at approximately $528,000. Brookstone Capital Management increased its stake in FT Vest High Yield & Target Income ETF by 41.9% in the 4th quarter. Brookstone Capital Management now owns 90,816 shares of the company’s stock valued at $1,797,000 after buying an additional 26,830 shares during the period. SageGuard Financial Group LLC purchased a new stake in FT Vest High Yield & Target Income ETF in the 4th quarter worth approximately $1,754,000. Finally, Insight Advisors LLC PA lifted its position in FT Vest High Yield & Target Income ETF by 20.2% in the 4th quarter. Insight Advisors LLC PA now owns 190,811 shares of the company’s stock worth $3,775,000 after buying an additional 32,102 shares in the last quarter.

FT Vest High Yield & Target Income ETF Price Performance

Shares of NYSEARCA:HYTI opened at $19.03 on Monday. The firm has a fifty day moving average of $19.13 and a two-hundred day moving average of $19.35. FT Vest High Yield & Target Income ETF has a 12-month low of $18.98 and a 12-month high of $20.15.

FT Vest High Yield & Target Income ETF 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.