Integrated Wealth Concepts LLC Purchases 33,575 Shares of First Trust NASDAQ BuyWrite Income ETF $FTQI

Integrated Wealth Concepts LLC increased its position in First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) by 5.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 683,933 shares of the company’s stock after acquiring an additional 33,575 shares during the quarter. Integrated Wealth Concepts LLC owned about 1.63% of First Trust NASDAQ BuyWrite Income ETF worth $15,108,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. NewEdge Advisors LLC boosted its holdings in First Trust NASDAQ BuyWrite Income ETF by 37.6% during the first quarter. NewEdge Advisors LLC now owns 45,146 shares of the company’s stock valued at $851,000 after acquiring an additional 12,332 shares during the period. First Trust Advisors LP bought a new position in shares of First Trust NASDAQ BuyWrite Income ETF in the second quarter worth about $314,000. Ausdal Financial Partners Inc. acquired a new position in shares of First Trust NASDAQ BuyWrite Income ETF during the 2nd quarter worth about $209,000. Bank of America Corp DE acquired a new position in shares of First Trust NASDAQ BuyWrite Income ETF during the 2nd quarter worth about $178,000. Finally, IHT Wealth Management LLC boosted its stake in First Trust NASDAQ BuyWrite Income ETF by 2.1% during the 2nd quarter. IHT Wealth Management LLC now owns 61,866 shares of the company’s stock valued at $1,210,000 after purchasing an additional 1,295 shares during the period.

First Trust NASDAQ BuyWrite Income ETF Stock Down 0.3%

FTQI opened at $22.03 on Thursday. The firm has a market capitalization of $921.96 million, a P/E ratio of 32.31 and a beta of 0.63. The stock’s 50 day moving average price is $22.04 and its two-hundred day moving average price is $21.42. First Trust NASDAQ BuyWrite Income ETF has a 12-month low of $19.23 and a 12-month high of $22.46.

First Trust NASDAQ BuyWrite Income ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Monday, August 31st. Stockholders of record on Friday, August 21st were given a $0.222 dividend. This represents a c) annualized dividend and a dividend yield of 12.1%. The ex-dividend date of this dividend was Friday, August 21st.

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.