Gateway Wealth Partners LLC Raises Stock Position in First Trust NASDAQ BuyWrite Income ETF $FTQI

Gateway Wealth Partners LLC raised its position in First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) by 346.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 54,486 shares of the company’s stock after purchasing an additional 42,280 shares during the quarter. Gateway Wealth Partners LLC’s holdings in First Trust NASDAQ BuyWrite Income ETF were worth $1,085,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Ankerstar Wealth LLC acquired a new stake in shares of First Trust NASDAQ BuyWrite Income ETF during the 4th quarter worth approximately $33,000. Sound Income Strategies LLC raised its position in shares of First Trust NASDAQ BuyWrite Income ETF by 971.5% during the 4th quarter. Sound Income Strategies LLC now owns 2,143 shares of the company’s stock valued at $45,000 after buying an additional 1,943 shares during the period. Fifth Third Bancorp acquired a new position in First Trust NASDAQ BuyWrite Income ETF in the first quarter valued at approximately $134,000. Advisory Services Network LLC acquired a new position in First Trust NASDAQ BuyWrite Income ETF in the third quarter valued at approximately $143,000. Finally, Sunbelt Securities Inc. grew its holdings in shares of 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 purchasing an additional 5,512 shares during the period.

First Trust NASDAQ BuyWrite Income ETF Price Performance

NASDAQ FTQI opened at $21.23 on Thursday. The firm’s 50-day moving average is $21.92 and its two-hundred day moving average is $21.15. First Trust NASDAQ BuyWrite Income ETF has a 12 month low of $19.23 and a 12 month high of $22.37. The stock has a market capitalization of $889.54 million, a P/E ratio of 32.31 and a beta of 0.63.

First Trust NASDAQ BuyWrite Income ETF Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, July 21st will be paid a $0.222 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 12.5%. The ex-dividend date of this dividend is Tuesday, July 21st.

First Trust NASDAQ BuyWrite Income ETF 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.