449,609 First Trust NASDAQ BuyWrite Income ETF $FTQI Shares Bought by International Assets Investment Management LLC

International Assets Investment Management LLC lifted its position in shares of First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) by 299.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 600,000 shares of the company’s stock after purchasing an additional 449,609 shares during the period. International Assets Investment Management LLC’s holdings in First Trust NASDAQ BuyWrite Income ETF were worth $13,296,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in FTQI. Kestra Advisory Services LLC boosted its stake in First Trust NASDAQ BuyWrite Income ETF by 141.0% in the 1st quarter. Kestra Advisory Services LLC now owns 68,795 shares of the company’s stock valued at $1,370,000 after purchasing an additional 40,254 shares during the period. RFG Advisory LLC grew its holdings in First Trust NASDAQ BuyWrite Income ETF by 20.6% in the 2nd quarter. RFG Advisory LLC now owns 146,406 shares of the company’s stock valued at $3,234,000 after buying an additional 24,983 shares in the last quarter. Janney Montgomery Scott LLC grew its holdings in First Trust NASDAQ BuyWrite Income ETF by 38.9% in the 1st quarter. Janney Montgomery Scott LLC now owns 199,613 shares of the company’s stock valued at $3,976,000 after buying an additional 55,891 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in First Trust NASDAQ BuyWrite Income ETF by 37.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 234,852 shares of the company’s stock valued at $5,188,000 after buying an additional 64,213 shares in the last quarter. Finally, Farther Finance Advisors LLC bought a new position in First Trust NASDAQ BuyWrite Income ETF during the 3rd quarter worth $4,420,000.

First Trust NASDAQ BuyWrite Income ETF Price Performance

FTQI stock opened at $21.62 on Friday. First Trust NASDAQ BuyWrite Income ETF has a fifty-two week low of $19.23 and a fifty-two week high of $22.55. The stock has a market capitalization of $1.01 billion, a price-to-earnings ratio of 32.31 and a beta of 0.65. The business’s fifty day moving average price is $22.12 and its two-hundred day moving average price is $21.47.

First Trust NASDAQ BuyWrite Income ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, October 30th. Investors of record on Wednesday, October 21st were paid a $0.2210 dividend. This represents a $2.65 annualized dividend and a dividend yield of 12.3%. This is a drop from First Trust NASDAQ BuyWrite Income ETF’s previous monthly dividend of $0.2220. The ex-dividend date was Wednesday, October 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.