Trueblood Wealth Management LLC Boosts Stake in First Trust NASDAQ BuyWrite Income ETF $FTQI

Trueblood Wealth Management LLC raised its stake in shares of First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) by 194.3% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 42,652 shares of the company’s stock after buying an additional 28,158 shares during the period. Trueblood Wealth Management LLC’s holdings in First Trust NASDAQ BuyWrite Income ETF were worth $888,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in FTQI. Advisory Services Network LLC purchased a new stake in First Trust NASDAQ BuyWrite Income ETF during the 3rd quarter worth about $143,000. Sunbelt Securities Inc. lifted its holdings in First Trust NASDAQ BuyWrite Income ETF by 275.6% in the 3rd quarter. Sunbelt Securities Inc. now owns 7,512 shares of the company’s stock valued at $155,000 after purchasing an additional 5,512 shares in the last quarter. Bank of America Corp DE acquired a new stake in shares of First Trust NASDAQ BuyWrite Income ETF during the 2nd quarter worth about $178,000. NWF Advisory Services Inc. purchased a new stake in shares of First Trust NASDAQ BuyWrite Income ETF during the third quarter worth about $204,000. Finally, Ausdal Financial Partners Inc. acquired a new position in shares of First Trust NASDAQ BuyWrite Income ETF in the second quarter valued at approximately $209,000.

First Trust NASDAQ BuyWrite Income ETF Stock Performance

Shares of FTQI opened at $20.19 on Monday. First Trust NASDAQ BuyWrite Income ETF has a 1 year low of $16.25 and a 1 year high of $21.15. The company’s 50 day simple moving average is $20.42 and its 200 day simple moving average is $20.67. The company has a market capitalization of $783.37 million, a price-to-earnings ratio of 32.31 and a beta of 0.59.

First Trust NASDAQ BuyWrite Income ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were paid a $0.207 dividend. This represents a c) dividend on an annualized basis and a yield of 12.3%. The ex-dividend date of this dividend was Thursday, March 26th.

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.