Cetera Investment Advisers Buys 261,680 Shares of FT Vest Investment Grade & Target Income ETF $LQTI

Cetera Investment Advisers lifted its stake in FT Vest Investment Grade & Target Income ETF (NYSEARCA:LQTI) by 126.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 469,083 shares of the company’s stock after buying an additional 261,680 shares during the period. Cetera Investment Advisers owned about 3.30% of FT Vest Investment Grade & Target Income ETF worth $9,185,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of LQTI. Kestra Advisory Services LLC acquired a new stake in FT Vest Investment Grade & Target Income ETF in the 4th quarter valued at $216,000. Integrated Wealth Concepts LLC bought a new stake in 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 during the third quarter valued at $336,000. IFP Advisors Inc boosted its stake in shares of FT Vest Investment Grade & Target Income ETF by 34.9% in the 4th quarter. IFP Advisors Inc now owns 17,329 shares of the company’s stock valued at $349,000 after purchasing an additional 4,483 shares in the last quarter. Finally, Maridea Wealth Management LLC acquired a new stake in shares of FT Vest Investment Grade & Target Income ETF in the 1st quarter valued at $375,000.

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

LQTI opened at $18.80 on Friday. The firm’s 50-day simple moving average is $19.18 and its 200-day simple moving average is $19.53. FT Vest Investment Grade & Target Income ETF has a twelve month low of $18.77 and a twelve month high of $22.17.

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.