First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI – Get Free Report) declared a monthly dividend on Tuesday, October 20th. Shareholders of record on Wednesday, October 21st will be paid a dividend of $0.2210 per share on Friday, October 30th. This represents a $2.65 annualized dividend and a yield of 12.0%. The ex-dividend date is Wednesday, October 21st. This is a 0.5% decrease from First Trust NASDAQ BuyWrite Income ETF’s previous monthly dividend of $0.2220.
First Trust NASDAQ BuyWrite Income ETF Price Performance
NASDAQ FTQI opened at $22.08 on Thursday. First Trust NASDAQ BuyWrite Income ETF has a 1 year low of $19.23 and a 1 year high of $22.55. The firm has a market cap of $1.02 billion, a price-to-earnings ratio of 32.31 and a beta of 0.65. The company has a fifty day moving average price of $22.17 and a 200-day moving average price of $21.84.
Hedge Funds Weigh In On First Trust NASDAQ BuyWrite Income ETF
Several institutional investors and hedge funds have recently bought and sold shares of FTQI. Sigma Planning Corp raised its stake in First Trust NASDAQ BuyWrite Income ETF by 0.9% in the 1st quarter. Sigma Planning Corp now owns 58,591 shares of the company’s stock valued at $1,167,000 after acquiring an additional 494 shares during the period. Western Wealth Management LLC increased its stake in shares of First Trust NASDAQ BuyWrite Income ETF by 5.7% in the first quarter. Western Wealth Management LLC now owns 14,183 shares of the company’s stock worth $283,000 after purchasing an additional 771 shares in the last quarter. World Investment Advisors increased its stake in shares of First Trust NASDAQ BuyWrite Income ETF by 1.8% in the first quarter. World Investment Advisors now owns 47,755 shares of the company’s stock worth $951,000 after purchasing an additional 849 shares in the last quarter. SBI Securities Co. Ltd. raised its position in shares of First Trust NASDAQ BuyWrite Income ETF by 183.2% in the third quarter. SBI Securities Co. Ltd. now owns 1,334 shares of the company’s stock valued at $30,000 after purchasing an additional 863 shares during the period. Finally, IFP Advisors Inc raised its position in shares of First Trust NASDAQ BuyWrite Income ETF by 3.6% in the third quarter. IFP Advisors Inc now owns 26,842 shares of the company’s stock valued at $595,000 after purchasing an additional 927 shares during the period.
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.
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