Fifth Third Securities Inc. Buys 64,957 Shares of First Trust NASDAQ BuyWrite Income ETF $FTQI

Fifth Third Securities Inc. lifted its stake in First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) by 13.2% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 558,410 shares of the company’s stock after acquiring an additional 64,957 shares during the quarter. First Trust NASDAQ BuyWrite Income ETF accounts for about 0.8% of Fifth Third Securities Inc.’s investment portfolio, making the stock its 29th largest holding. Fifth Third Securities Inc. owned 1.75% of First Trust NASDAQ BuyWrite Income ETF worth $10,923,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Two Sigma Investments LP bought a new position in First Trust NASDAQ BuyWrite Income ETF during the fourth quarter valued at approximately $416,000. NBC Securities Inc. purchased a new stake in First Trust NASDAQ BuyWrite Income ETF during the 1st quarter valued at $34,000. Key Client Fiduciary Advisors LLC bought a new position in shares of First Trust NASDAQ BuyWrite Income ETF during the 1st quarter valued at $324,000. Channel Wealth LLC boosted its stake in shares of First Trust NASDAQ BuyWrite Income ETF by 29.4% in the 1st quarter. Channel Wealth LLC now owns 22,072 shares of the company’s stock worth $416,000 after buying an additional 5,011 shares during the last quarter. Finally, Signal Advisors Wealth LLC bought a new stake in shares of First Trust NASDAQ BuyWrite Income ETF in the first quarter worth $376,000.

First Trust NASDAQ BuyWrite Income ETF Stock Performance

First Trust NASDAQ BuyWrite Income ETF stock opened at $20.47 on Monday. The stock has a market cap of $677.56 million, a PE ratio of 32.31 and a beta of 0.52. First Trust NASDAQ BuyWrite Income ETF has a one year low of $16.25 and a one year high of $21.49. The stock has a fifty day moving average of $20.17 and a 200 day moving average of $19.38.

First Trust NASDAQ BuyWrite Income ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th will be paid a $0.195 dividend. This represents a c) annualized dividend and a dividend yield of 11.4%. The ex-dividend date is Thursday, September 25th.

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.