Kestra Advisory Services LLC Increases Stock Holdings in First Trust NASDAQ BuyWrite Income ETF $FTQI

Kestra Advisory Services LLC increased its stake in shares of First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) by 141.0% during the 1st quarter, HoldingsChannel.com reports. The fund owned 68,795 shares of the company’s stock after purchasing an additional 40,254 shares during the period. Kestra Advisory Services LLC’s holdings in First Trust NASDAQ BuyWrite Income ETF were worth $1,370,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Sigma Planning Corp grew its position in First Trust NASDAQ BuyWrite Income ETF by 128.2% in the fourth quarter. Sigma Planning Corp now owns 58,097 shares of the company’s stock valued at $1,209,000 after acquiring an additional 32,637 shares in the last quarter. Trueblood Wealth Management LLC lifted its position in shares of First Trust NASDAQ BuyWrite Income ETF by 194.3% during the fourth quarter. Trueblood Wealth Management LLC now owns 42,652 shares of the company’s stock worth $888,000 after purchasing an additional 28,158 shares in the last quarter. TrueMark Investments LLC acquired a new position in shares of First Trust NASDAQ BuyWrite Income ETF during the fourth quarter worth $1,188,000. Brookstone Capital Management purchased a new position in shares of First Trust NASDAQ BuyWrite Income ETF in the fourth quarter valued at $593,000. Finally, World Investment Advisors boosted its stake in shares of First Trust NASDAQ BuyWrite Income ETF by 104.9% in the fourth quarter. World Investment Advisors now owns 46,906 shares of the company’s stock valued at $977,000 after purchasing an additional 24,013 shares during the period.

First Trust NASDAQ BuyWrite Income ETF Trading Up 0.2%

FTQI opened at $22.08 on Wednesday. The company has a fifty day simple moving average of $21.91 and a 200 day simple moving average of $21.12. The firm has a market cap of $928.46 million, a price-to-earnings ratio of 32.31 and a beta of 0.63. First Trust NASDAQ BuyWrite Income ETF has a twelve month low of $19.23 and a twelve month high of $22.37.

First Trust NASDAQ BuyWrite Income ETF Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, July 21st will be given a $0.222 dividend. This represents a c) dividend on an annualized basis and a yield of 12.1%. 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.