First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) Holdings Lifted by IFP Advisors Inc

IFP Advisors Inc increased its holdings in shares of First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) by 225.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,147 shares of the company’s stock after buying an additional 11,872 shares during the quarter. IFP Advisors Inc owned 0.06% of First Trust NASDAQ BuyWrite Income ETF worth $357,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Marshall Investment Management LLC purchased a new position in First Trust NASDAQ BuyWrite Income ETF in the fourth quarter valued at about $338,000. Private Advisor Group LLC grew its stake in First Trust NASDAQ BuyWrite Income ETF by 7.6% in the fourth quarter. Private Advisor Group LLC now owns 114,020 shares of the company’s stock valued at $2,374,000 after purchasing an additional 8,065 shares in the last quarter. Global Retirement Partners LLC purchased a new position in First Trust NASDAQ BuyWrite Income ETF in the fourth quarter valued at about $32,000. Kestra Investment Management LLC purchased a new position in First Trust NASDAQ BuyWrite Income ETF in the fourth quarter valued at about $42,000. Finally, Atria Wealth Solutions Inc. grew its stake in First Trust NASDAQ BuyWrite Income ETF by 7.9% in the fourth quarter. Atria Wealth Solutions Inc. now owns 14,999 shares of the company’s stock valued at $312,000 after purchasing an additional 1,098 shares in the last quarter.

First Trust NASDAQ BuyWrite Income ETF Price Performance

Shares of NASDAQ FTQI opened at $20.35 on Friday. The business’s 50-day moving average price is $20.99 and its two-hundred day moving average price is $20.74. First Trust NASDAQ BuyWrite Income ETF has a one year low of $18.23 and a one year high of $21.49. The company has a market capitalization of $544.36 million, a P/E ratio of 29.15 and a beta of 0.52.

First Trust NASDAQ BuyWrite Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 21st were paid a $0.207 dividend. The ex-dividend date was Friday, February 21st. This represents a $2.48 dividend on an annualized basis and a yield of 12.21%. This is an increase from First Trust NASDAQ BuyWrite Income ETF’s previous monthly dividend of $0.20.

First Trust NASDAQ BuyWrite Income ETF Company Profile

The First Trust Nasdaq BuyWrite Income ETF (FTQI) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed portfolio of US stocks, with an options overlay of short calls on the Nasdaq 100. FTQI was launched on Jan 6, 2014 and is managed by First Trust.