Truist Financial Corp Buys 11,881 Shares of First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI)

Truist Financial Corp increased its stake in shares of First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) by 24.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 60,079 shares of the company’s stock after acquiring an additional 11,881 shares during the quarter. Truist Financial Corp owned about 0.22% of First Trust NASDAQ BuyWrite Income ETF worth $1,251,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. bought a new position in First Trust NASDAQ BuyWrite Income ETF during the fourth quarter worth $50,000. Atria Investments Inc bought a new position in First Trust NASDAQ BuyWrite Income ETF during the third quarter worth $233,000. Arete Wealth Advisors LLC increased its holdings 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 valued at $350,000 after buying an additional 3,235 shares during the period. Avior Wealth Management LLC increased its holdings 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 valued at $362,000 after buying an additional 4,354 shares during the period. Finally, Sanctuary Advisors LLC bought a new stake in First Trust NASDAQ BuyWrite Income ETF in the 3rd quarter valued at $578,000.

First Trust NASDAQ BuyWrite Income ETF Price Performance

Shares of First Trust NASDAQ BuyWrite Income ETF stock opened at $20.35 on Friday. The firm has a market capitalization of $544.36 million, a PE ratio of 29.15 and a beta of 0.52. The company’s fifty day moving average price is $20.99 and its two-hundred day moving average price is $20.73. First Trust NASDAQ BuyWrite Income ETF has a 52-week low of $18.23 and a 52-week high of $21.49.

First Trust NASDAQ BuyWrite Income ETF Increases Dividend

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

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.