27,674 Shares in First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) Bought by Sanctuary Advisors LLC

Sanctuary Advisors LLC acquired a new stake in shares of First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 27,674 shares of the company’s stock, valued at approximately $578,000. Sanctuary Advisors LLC owned about 0.12% of First Trust NASDAQ BuyWrite Income ETF at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in FTQI. International Assets Investment Management LLC acquired a new stake in First Trust NASDAQ BuyWrite Income ETF during the second quarter valued at approximately $280,000. Commonwealth Equity Services LLC increased its holdings in shares of First Trust NASDAQ BuyWrite Income ETF by 951.3% in the 2nd quarter. Commonwealth Equity Services LLC now owns 125,394 shares of the company’s stock valued at $2,561,000 after acquiring an additional 113,467 shares during the last quarter. Private Advisor Group LLC raised its position in shares of First Trust NASDAQ BuyWrite Income ETF by 2.3% during the 2nd quarter. Private Advisor Group LLC now owns 107,471 shares of the company’s stock valued at $2,195,000 after acquiring an additional 2,424 shares in the last quarter. Gentry Private Wealth LLC bought a new position in First Trust NASDAQ BuyWrite Income ETF during the second quarter worth $449,000. Finally, Wedbush Securities Inc. bought a new position in First Trust NASDAQ BuyWrite Income ETF during the second quarter worth $393,000.

First Trust NASDAQ BuyWrite Income ETF Price Performance

FTQI stock opened at $21.30 on Thursday. The firm has a market cap of $492.03 million, a price-to-earnings 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 $21.49. The firm has a fifty day moving average price of $20.93 and a two-hundred day moving average price of $20.50.

First Trust NASDAQ BuyWrite Income ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be given a dividend of $0.204 per share. This represents a $2.45 dividend on an annualized basis and a dividend yield of 11.49%. The ex-dividend date is Friday, December 13th.

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.