Atria Wealth Solutions Inc. Reduces Holdings in First Trust NASDAQ BuyWrite Income ETF $FTQI

Atria Wealth Solutions Inc. lessened its position in shares of First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) by 79.0% during the second quarter, Holdings Channel reports. The institutional investor owned 11,058 shares of the company’s stock after selling 41,724 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in First Trust NASDAQ BuyWrite Income ETF were worth $216,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the company. IFP Advisors Inc lifted its position in shares of First Trust NASDAQ BuyWrite Income ETF by 2.4% during the 2nd quarter. IFP Advisors Inc now owns 22,361 shares of the company’s stock valued at $437,000 after buying an additional 520 shares during the last quarter. Channel Wealth LLC lifted its position in shares of First Trust NASDAQ BuyWrite Income ETF by 2.5% during the 2nd quarter. Channel Wealth LLC now owns 22,618 shares of the company’s stock valued at $442,000 after buying an additional 546 shares during the last quarter. Key Client Fiduciary Advisors LLC lifted its position in shares of First Trust NASDAQ BuyWrite Income ETF by 7.6% during the 2nd quarter. Key Client Fiduciary Advisors LLC now owns 18,503 shares of the company’s stock valued at $362,000 after buying an additional 1,303 shares during the last quarter. Wedbush Securities Inc. lifted its position in shares of First Trust NASDAQ BuyWrite Income ETF by 4.7% during the 1st quarter. Wedbush Securities Inc. now owns 33,254 shares of the company’s stock valued at $627,000 after buying an additional 1,495 shares during the last quarter. Finally, Presidio Capital Management LLC lifted its holdings in First Trust NASDAQ BuyWrite Income ETF by 9.0% during the 2nd quarter. Presidio Capital Management LLC now owns 22,020 shares of the company’s stock worth $431,000 after purchasing an additional 1,820 shares in the last quarter.

First Trust NASDAQ BuyWrite Income ETF Stock Performance

Shares of FTQI opened at $20.64 on Thursday. The stock’s 50-day simple moving average is $20.45 and its 200 day simple moving average is $19.59. The stock has a market capitalization of $722.40 million, a price-to-earnings ratio of 32.31 and a beta of 0.52. First Trust NASDAQ BuyWrite Income ETF has a 52-week low of $16.25 and a 52-week high of $21.49.

First Trust NASDAQ BuyWrite Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, October 31st. Investors of record on Tuesday, October 21st will be issued a dividend of $0.205 per share. This is a positive change from First Trust NASDAQ BuyWrite Income ETF’s previous monthly dividend of $0.20. The ex-dividend date of this dividend is Tuesday, October 21st. This represents a c) dividend on an annualized basis and a yield of 11.9%.

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.