Atria Wealth Solutions Inc. Acquires 1,098 Shares of First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI)

Atria Wealth Solutions Inc. lifted its holdings in shares of First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) by 7.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 14,999 shares of the company’s stock after acquiring an additional 1,098 shares during the period. Atria Wealth Solutions Inc. owned approximately 0.06% of First Trust NASDAQ BuyWrite Income ETF worth $312,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC grew its position in First Trust NASDAQ BuyWrite Income ETF by 20.3% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 35,600 shares of the company’s stock worth $729,000 after purchasing an additional 6,000 shares in the last quarter. Ameritas Advisory Services LLC grew its position in First Trust NASDAQ BuyWrite Income ETF by 16.6% in the 3rd quarter. Ameritas Advisory Services LLC now owns 254,319 shares of the company’s stock worth $5,208,000 after purchasing an additional 36,261 shares in the last quarter. Atria Investments Inc bought a new stake in First Trust NASDAQ BuyWrite Income ETF in the 3rd quarter worth about $233,000. Avior Wealth Management LLC grew its position in First Trust NASDAQ BuyWrite Income ETF by 32.7% in the 3rd quarter. Avior Wealth Management LLC now owns 17,672 shares of the company’s stock worth $362,000 after purchasing an additional 4,354 shares in the last quarter. Finally, Arete Wealth Advisors LLC grew its position in First Trust NASDAQ BuyWrite Income ETF by 23.2% in the 3rd quarter. Arete Wealth Advisors LLC now owns 17,163 shares of the company’s stock worth $350,000 after purchasing an additional 3,235 shares in the last quarter.

First Trust NASDAQ BuyWrite Income ETF Stock Performance

Shares of FTQI stock opened at $20.35 on Friday. First Trust NASDAQ BuyWrite Income ETF has a 52-week low of $18.23 and a 52-week high of $21.49. The company has a 50-day simple moving average of $20.99 and a two-hundred day simple moving average of $20.73. The company has a market capitalization of $544.36 million, a price-to-earnings ratio of 29.15 and a beta of 0.52.

First Trust NASDAQ BuyWrite Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 21st were given a $0.207 dividend. This represents a $2.48 dividend on an annualized basis and a yield of 12.21%. This is an increase from First Trust NASDAQ BuyWrite Income ETF’s previous monthly dividend of $0.20. The ex-dividend date was Friday, February 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.