Private Trust Co. NA Buys New Position in First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI)

Private Trust Co. NA bought a new stake in First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 35,680 shares of the company’s stock, valued at approximately $743,000. Private Trust Co. NA owned about 0.13% of First Trust NASDAQ BuyWrite Income ETF as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Global Retirement Partners LLC acquired a new stake in First Trust NASDAQ BuyWrite Income ETF in the 4th quarter valued at approximately $32,000. Kestra Investment Management LLC bought a new position in First Trust NASDAQ BuyWrite Income ETF in the fourth quarter valued at approximately $42,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in First Trust NASDAQ BuyWrite Income ETF in the fourth quarter valued at approximately $50,000. Atria Investments Inc bought a new position in First Trust NASDAQ BuyWrite Income ETF in the third quarter valued at approximately $233,000. Finally, Atria Wealth Solutions Inc. grew its stake in First Trust NASDAQ BuyWrite Income ETF by 7.9% in the fourth quarter. Atria Wealth Solutions Inc. now owns 14,999 shares of the company’s stock valued at $312,000 after purchasing an additional 1,098 shares in the last quarter.

First Trust NASDAQ BuyWrite Income ETF Stock Up 1.5 %

FTQI stock opened at $20.35 on Friday. The business has a 50 day moving average price of $20.99 and a two-hundred day moving average price of $20.74. The company has a market cap of $544.36 million, a price-to-earnings ratio of 29.15 and a beta of 0.52. First Trust NASDAQ BuyWrite Income ETF has a twelve month low of $18.23 and a twelve month high of $21.49.

First Trust NASDAQ BuyWrite Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 21st were paid a $0.207 dividend. This represents a $2.48 dividend on an annualized basis and a yield of 12.21%. This is an increase from First Trust NASDAQ BuyWrite Income ETF’s previous monthly dividend of $0.20. The ex-dividend date was Friday, February 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.