Atria Investments Inc Invests $233,000 in First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI)

Atria Investments Inc bought a new stake in First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 11,395 shares of the company’s stock, valued at approximately $233,000.

A number of other institutional investors have also bought and sold shares of the company. Commonwealth Equity Services LLC boosted its holdings in shares of First Trust NASDAQ BuyWrite Income ETF by 951.3% during the 2nd quarter. Commonwealth Equity Services LLC now owns 125,394 shares of the company’s stock worth $2,561,000 after buying an additional 113,467 shares in the last quarter. Sterling Manor Financial LLC boosted its stake in First Trust NASDAQ BuyWrite Income ETF by 8.4% during the second quarter. Sterling Manor Financial LLC now owns 12,278 shares of the company’s stock worth $251,000 after acquiring an additional 956 shares in the last quarter. Private Advisor Group LLC grew its holdings in First Trust NASDAQ BuyWrite Income ETF by 2.3% in the second quarter. Private Advisor Group LLC now owns 107,471 shares of the company’s stock worth $2,195,000 after purchasing an additional 2,424 shares during the period. Gentry Private Wealth LLC bought a new stake in First Trust NASDAQ BuyWrite Income ETF in the second quarter valued at $449,000. Finally, Concourse Financial Group Securities Inc. raised its holdings in shares of First Trust NASDAQ BuyWrite Income ETF by 26.4% during the second quarter. Concourse Financial Group Securities Inc. now owns 13,476 shares of the company’s stock valued at $275,000 after purchasing an additional 2,817 shares during the period.

First Trust NASDAQ BuyWrite Income ETF Price Performance

FTQI stock opened at $20.89 on Friday. The company’s 50-day moving average is $20.61 and its 200-day moving average is $20.37. The stock has a market capitalization of $482.56 million, a PE ratio of 29.15 and a beta of 0.52. First Trust NASDAQ BuyWrite Income ETF has a 1 year low of $18.23 and a 1 year high of $21.18.

First Trust NASDAQ BuyWrite Income ETF Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Thursday, November 21st will be issued a $0.204 dividend. The ex-dividend date is Thursday, November 21st. This represents a $2.45 annualized dividend and a yield of 11.72%.

About First Trust NASDAQ BuyWrite Income ETF

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.