First Trust NASDAQ BuyWrite Income ETF (FTQI) to Issue Monthly Dividend of $0.21 on November 28th

First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) announced a monthly dividend on Thursday, November 20th. Shareholders of record on Friday, November 21st will be given a dividend of 0.205 per share on Friday, November 28th. This represents a c) dividend on an annualized basis and a dividend yield of 12.2%. The ex-dividend date is Friday, November 21st.

First Trust NASDAQ BuyWrite Income ETF Stock Performance

Shares of NASDAQ:FTQI opened at $20.15 on Friday. First Trust NASDAQ BuyWrite Income ETF has a 52-week low of $16.25 and a 52-week high of $21.49. The company has a market capitalization of $717.34 million, a PE ratio of 32.31 and a beta of 0.59. The company has a fifty day moving average of $20.73 and a 200-day moving average of $20.01.

Institutional Trading of First Trust NASDAQ BuyWrite Income ETF

Hedge funds have recently made changes to their positions in the company. Centaurus Financial Inc. grew its holdings in shares of First Trust NASDAQ BuyWrite Income ETF by 19.2% during the third quarter. Centaurus Financial Inc. now owns 18,614 shares of the company’s stock worth $383,000 after purchasing an additional 3,000 shares during the last quarter. Sunbelt Securities Inc. boosted its position in First Trust NASDAQ BuyWrite Income ETF by 275.6% during the 3rd quarter. Sunbelt Securities Inc. now owns 7,512 shares of the company’s stock worth $155,000 after buying an additional 5,512 shares during the period. Advisory Services Network LLC acquired a new stake in First Trust NASDAQ BuyWrite Income ETF during the 3rd quarter worth approximately $143,000. Kestra Private Wealth Services LLC grew its holdings in First Trust NASDAQ BuyWrite Income ETF by 3.7% during the 3rd quarter. Kestra Private Wealth Services LLC now owns 49,287 shares of the company’s stock worth $1,015,000 after acquiring an additional 1,766 shares during the last quarter. Finally, NewEdge Advisors LLC increased its position in First Trust NASDAQ BuyWrite Income ETF by 25.1% in the 3rd quarter. NewEdge Advisors LLC now owns 53,827 shares of the company’s stock valued at $1,109,000 after acquiring an additional 10,806 shares during the period.

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.