Independent Financial Group LLC Purchases Shares of 25,452 First Trust NASDAQ BuyWrite Income ETF $FTQI

Independent Financial Group LLC acquired a new position in shares of First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQIFree Report) in the 1st quarter, Holdings Channel.com reports. The firm acquired 25,452 shares of the company’s stock, valued at approximately $507,000.

Other institutional investors also recently made changes to their positions in the company. Ankerstar Wealth LLC bought a new position in shares of First Trust NASDAQ BuyWrite Income ETF during the fourth quarter worth approximately $33,000. Sound Income Strategies LLC boosted its stake in First Trust NASDAQ BuyWrite Income ETF by 971.5% in the 4th quarter. Sound Income Strategies LLC now owns 2,143 shares of the company’s stock valued at $45,000 after purchasing an additional 1,943 shares during the period. Fifth Third Bancorp bought a new stake in First Trust NASDAQ BuyWrite Income ETF in the 1st quarter valued at $134,000. Advisory Services Network LLC acquired a new position in First Trust NASDAQ BuyWrite Income ETF in the 3rd quarter valued at $143,000. Finally, Sunbelt Securities Inc. grew its holdings in First Trust NASDAQ BuyWrite Income ETF by 275.6% in the 3rd quarter. Sunbelt Securities Inc. now owns 7,512 shares of the company’s stock valued at $155,000 after buying an additional 5,512 shares in the last quarter.

First Trust NASDAQ BuyWrite Income ETF Price Performance

FTQI stock opened at $21.80 on Friday. The stock has a market capitalization of $922.14 million, a price-to-earnings ratio of 32.31 and a beta of 0.63. The business’s fifty day moving average price is $21.92 and its two-hundred day moving average price is $21.14. First Trust NASDAQ BuyWrite Income ETF has a fifty-two week low of $19.23 and a fifty-two week high of $22.37.

First Trust NASDAQ BuyWrite Income ETF Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, July 21st will be given a dividend of $0.222 per share. This represents a c) dividend on an annualized basis and a yield of 12.2%. The ex-dividend date of this dividend is Tuesday, July 21st.

About First Trust NASDAQ BuyWrite Income ETF

(Free Report)

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

Want to see what other hedge funds are holding FTQI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQIFree Report).

Institutional Ownership by Quarter for First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI)

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