FT Vest Gold Strategy Target Income ETF (BATS:IGLD) Plans Dividend Increase – $0.14 Per Share

FT Vest Gold Strategy Target Income ETF (BATS:IGLD) announced a monthly dividend on Friday, June 28th, NASDAQ reports. Shareholders of record on Monday, July 1st will be given a dividend of 0.1388 per share on Tuesday, July 2nd. This represents a $1.67 annualized dividend and a yield of 8.32%. The ex-dividend date is Monday, July 1st. This is an increase from FT Vest Gold Strategy Target Income ETF’s previous monthly dividend of $0.13.

FT Vest Gold Strategy Target Income ETF Stock Performance

Shares of FT Vest Gold Strategy Target Income ETF stock opened at $20.02 on Friday. The business’s fifty day simple moving average is $20.06 and its two-hundred day simple moving average is $19.48.

FT Vest Gold Strategy Target Income ETF Company Profile

The FT Cboe Vest Gold Target Income ETF (IGLD) is an exchange-traded fund that is based on the SPDR Gold Trust index. The fund aims to generate income from a long position in SPDR Gold Trust ETF (GLD) and call spreads utilizing FLEX options. The fund gains exposure through a wholly-owned subsidiary. IGLD was launched on Mar 2, 2021 and is managed by First Trust.