First Trust NASDAQ BuyWrite Income ETF to Issue Monthly Dividend of $0.22 (NASDAQ:FTQI)

First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQIGet Free Report) declared a monthly dividend on Monday, July 20th, NASDAQ Dividends reports. Investors of record on Tuesday, July 21st will be given a dividend of 0.222 per share on Friday, July 31st. This represents a c) annualized dividend and a yield of 12.1%. The ex-dividend date is Tuesday, July 21st.

First Trust NASDAQ BuyWrite Income ETF Stock Performance

FTQI traded up $0.05 during trading on Tuesday, reaching $22.08. The company’s stock had a trading volume of 233,491 shares, compared to its average volume of 295,098. The company’s fifty day moving average price is $21.90 and its 200-day moving average price is $21.11. First Trust NASDAQ BuyWrite Income ETF has a 52-week low of $19.23 and a 52-week high of $22.37. The company has a market capitalization of $928.46 million, a price-to-earnings ratio of 32.31 and a beta of 0.63.

Institutional Trading of First Trust NASDAQ BuyWrite Income ETF

A number of institutional investors have recently modified their holdings of the business. Sigma Planning Corp increased its position in shares of First Trust NASDAQ BuyWrite Income ETF by 0.9% in the first quarter. Sigma Planning Corp now owns 58,591 shares of the company’s stock valued at $1,167,000 after buying an additional 494 shares in the last quarter. RiverTree Advisors LLC boosted its position in shares of First Trust NASDAQ BuyWrite Income ETF by 0.5% in the 4th quarter. RiverTree Advisors LLC now owns 133,992 shares of the company’s stock worth $2,790,000 after buying an additional 696 shares in the last quarter. Tactive Advisors LLC grew its stake in First Trust NASDAQ BuyWrite Income ETF by 2.9% in the 1st quarter. Tactive Advisors LLC now owns 25,094 shares of the company’s stock valued at $500,000 after acquiring an additional 696 shares during the last quarter. Novem Group grew its stake in First Trust NASDAQ BuyWrite Income ETF by 5.5% in the 4th quarter. Novem Group now owns 13,915 shares of the company’s stock valued at $290,000 after acquiring an additional 729 shares during the last quarter. Finally, Western Wealth Management LLC increased its holdings in First Trust NASDAQ BuyWrite Income ETF by 5.7% during the 1st quarter. Western Wealth Management LLC now owns 14,183 shares of the company’s stock valued at $283,000 after acquiring an additional 771 shares in the last quarter.

First Trust NASDAQ BuyWrite Income ETF Company Profile

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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.

Further Reading

Dividend History for First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI)

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