2,400 Shares in First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) Purchased by Thurston Springer Miller Herd & Titak Inc.

Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,400 shares of the company’s stock, valued at approximately $50,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Integrated Wealth Concepts LLC raised its stake in First Trust NASDAQ BuyWrite Income ETF by 8.9% during the third quarter. Integrated Wealth Concepts LLC now owns 647,285 shares of the company’s stock worth $13,256,000 after acquiring an additional 52,767 shares in the last quarter. Ameritas Advisory Services LLC increased its stake in shares of First Trust NASDAQ BuyWrite Income ETF by 16.6% in the third quarter. Ameritas Advisory Services LLC now owns 254,319 shares of the company’s stock valued at $5,208,000 after buying an additional 36,261 shares during the period. Cetera Investment Advisers increased its stake in shares of First Trust NASDAQ BuyWrite Income ETF by 21.1% in the second quarter. Cetera Investment Advisers now owns 119,880 shares of the company’s stock valued at $2,448,000 after buying an additional 20,924 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of First Trust NASDAQ BuyWrite Income ETF by 52.9% in the second quarter. Envestnet Asset Management Inc. now owns 96,299 shares of the company’s stock valued at $1,966,000 after buying an additional 33,328 shares during the period. Finally, Stifel Financial Corp increased its stake in shares of First Trust NASDAQ BuyWrite Income ETF by 89.6% in the third quarter. Stifel Financial Corp now owns 79,969 shares of the company’s stock valued at $1,638,000 after buying an additional 37,786 shares during the period.

First Trust NASDAQ BuyWrite Income ETF Price Performance

First Trust NASDAQ BuyWrite Income ETF stock opened at $21.11 on Friday. The business has a 50 day moving average of $21.06 and a 200-day moving average of $20.56. First Trust NASDAQ BuyWrite Income ETF has a 1 year low of $18.23 and a 1 year high of $21.49. The company has a market capitalization of $560.47 million, a P/E ratio of 29.15 and a beta of 0.52.

First Trust NASDAQ BuyWrite Income ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a $0.204 dividend. This represents a $2.45 annualized dividend and a yield of 11.60%. The ex-dividend date of this dividend was Friday, December 13th.

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.