Ameritas Advisory Services LLC Buys 35,755 Shares of First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI)

Ameritas Advisory Services LLC boosted its stake in First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) by 14.1% during the 4th quarter, Holdings Channel reports. The firm owned 290,074 shares of the company’s stock after buying an additional 35,755 shares during the quarter. Ameritas Advisory Services LLC’s holdings in First Trust NASDAQ BuyWrite Income ETF were worth $6,039,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in FTQI. Integrated Wealth Concepts LLC increased its stake in First Trust NASDAQ BuyWrite Income ETF by 8.9% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 647,285 shares of the company’s stock worth $13,256,000 after acquiring an additional 52,767 shares during the last quarter. International Assets Investment Management LLC purchased a new stake in First Trust NASDAQ BuyWrite Income ETF during the fourth quarter valued at $949,000. Stifel Financial Corp lifted its position in First Trust NASDAQ BuyWrite Income ETF by 89.6% during the third quarter. Stifel Financial Corp now owns 79,969 shares of the company’s stock valued at $1,638,000 after purchasing an additional 37,786 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of First Trust NASDAQ BuyWrite Income ETF by 52.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 96,299 shares of the company’s stock worth $1,966,000 after buying an additional 33,328 shares in the last quarter. Finally, Sanctuary Advisors LLC bought a new stake in shares of First Trust NASDAQ BuyWrite Income ETF in the 3rd quarter worth about $578,000.

First Trust NASDAQ BuyWrite Income ETF Trading Up 0.8 %

FTQI opened at $21.11 on Friday. The stock has a 50-day moving average of $21.06 and a 200 day moving average of $20.56. First Trust NASDAQ BuyWrite Income ETF has a 12 month low of $18.23 and a 12 month high of $21.49. The firm has a market cap of $560.47 million, a P/E ratio of 29.15 and a beta of 0.52.

First Trust NASDAQ BuyWrite Income ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a dividend of $0.204 per share. This represents a $2.45 annualized dividend and a dividend yield of 11.60%. The ex-dividend date was Friday, December 13th.

About First Trust NASDAQ BuyWrite Income ETF

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.