RFG Advisory LLC Takes $1.18 Million Position in First Trust NASDAQ BuyWrite Income ETF $FTQI

RFG Advisory LLC bought a new position in shares of First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 57,131 shares of the company’s stock, valued at approximately $1,177,000. RFG Advisory LLC owned approximately 0.16% of First Trust NASDAQ BuyWrite Income ETF at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the stock. Fifth Third Securities Inc. boosted its stake in shares of First Trust NASDAQ BuyWrite Income ETF by 6.6% in the 3rd quarter. Fifth Third Securities Inc. now owns 595,389 shares of the company’s stock valued at $12,265,000 after buying an additional 36,979 shares during the period. Snowden Capital Advisors LLC increased its stake in shares of First Trust NASDAQ BuyWrite Income ETF by 1.0% during the second quarter. Snowden Capital Advisors LLC now owns 265,570 shares of the company’s stock worth $5,195,000 after buying an additional 2,606 shares during the period. Osaic Holdings Inc. raised its holdings in First Trust NASDAQ BuyWrite Income ETF by 32.8% in the second quarter. Osaic Holdings Inc. now owns 188,650 shares of the company’s stock valued at $3,690,000 after acquiring an additional 46,541 shares in the last quarter. Cetera Investment Advisers lifted its stake in First Trust NASDAQ BuyWrite Income ETF by 18.0% in the second quarter. Cetera Investment Advisers now owns 151,960 shares of the company’s stock worth $2,972,000 after acquiring an additional 23,149 shares during the last quarter. Finally, Sowell Financial Services LLC grew its holdings in First Trust NASDAQ BuyWrite Income ETF by 1.6% during the 3rd quarter. Sowell Financial Services LLC now owns 143,413 shares of the company’s stock worth $2,954,000 after acquiring an additional 2,268 shares in the last quarter.

First Trust NASDAQ BuyWrite Income ETF Trading Down 0.1%

Shares of NASDAQ:FTQI opened at $20.84 on Thursday. First Trust NASDAQ BuyWrite Income ETF has a 52 week low of $16.25 and a 52 week high of $21.36. The company’s 50 day moving average is $20.88 and its two-hundred day moving average is $20.63. The company has a market cap of $783.58 million, a PE ratio of 32.31 and a beta of 0.59.

First Trust NASDAQ BuyWrite Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, January 30th. Investors of record on Wednesday, January 21st were issued a $0.207 dividend. This represents a c) annualized dividend and a yield of 11.9%. This is a boost from First Trust NASDAQ BuyWrite Income ETF’s previous monthly dividend of $0.21. The ex-dividend date of this dividend was Wednesday, January 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.