International Assets Investment Management LLC Increases Stock Position in First Trust NASDAQ BuyWrite Income ETF $FTQI

International Assets Investment Management LLC lifted its holdings in First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) by 37.3% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 97,505 shares of the company’s stock after buying an additional 26,467 shares during the period. International Assets Investment Management LLC’s holdings in First Trust NASDAQ BuyWrite Income ETF were worth $1,907,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in FTQI. Kestra Private Wealth Services LLC grew its holdings in First Trust NASDAQ BuyWrite Income ETF by 15.3% during the 1st quarter. Kestra Private Wealth Services LLC now owns 45,675 shares of the company’s stock valued at $861,000 after purchasing an additional 6,053 shares during the last quarter. Cambridge Investment Research Advisors Inc. grew its stake in First Trust NASDAQ BuyWrite Income ETF by 17.3% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 113,770 shares of the company’s stock worth $2,145,000 after acquiring an additional 16,808 shares in the last quarter. PFG Investments LLC grew its stake in First Trust NASDAQ BuyWrite Income ETF by 47.4% in the 2nd quarter. PFG Investments LLC now owns 18,335 shares of the company’s stock worth $359,000 after acquiring an additional 5,892 shares in the last quarter. Sigma Planning Corp purchased a new stake in shares of First Trust NASDAQ BuyWrite Income ETF in the 1st quarter worth approximately $223,000. Finally, Novem Group purchased a new stake in shares of First Trust NASDAQ BuyWrite Income ETF in the 2nd quarter worth approximately $260,000.

First Trust NASDAQ BuyWrite Income ETF Stock Up 0.5%

NASDAQ:FTQI opened at $20.84 on Monday. First Trust NASDAQ BuyWrite Income ETF has a 52 week low of $16.25 and a 52 week high of $21.49. The firm has a 50 day moving average of $20.42 and a 200 day moving average of $19.55. The stock has a market capitalization of $729.40 million, a price-to-earnings ratio of 32.31 and a beta of 0.52.

First Trust NASDAQ BuyWrite Income ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were given a dividend of $0.195 per share. This represents a c) annualized dividend and a yield of 11.2%. The ex-dividend date was 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.