Capital Investment Advisory Services LLC Grows Position in First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI)

Capital Investment Advisory Services LLC boosted its stake in shares of First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) by 16.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 54,759 shares of the company’s stock after purchasing an additional 7,678 shares during the period. Capital Investment Advisory Services LLC owned about 0.21% of First Trust NASDAQ BuyWrite Income ETF worth $1,140,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Atria Investments Inc bought a new stake in First Trust NASDAQ BuyWrite Income ETF during the third quarter valued at about $233,000. Stifel Financial Corp raised its holdings in First Trust NASDAQ BuyWrite Income ETF by 89.6% during the third quarter. Stifel Financial Corp now owns 79,969 shares of the company’s stock valued at $1,638,000 after acquiring an additional 37,786 shares during the period. Sanctuary Advisors LLC bought a new stake in First Trust NASDAQ BuyWrite Income ETF during the third quarter valued at about $578,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in First Trust NASDAQ BuyWrite Income ETF during the fourth quarter valued at about $50,000. Finally, CWM LLC raised its holdings in First Trust NASDAQ BuyWrite Income ETF by 5.3% during the third quarter. CWM LLC now owns 46,811 shares of the company’s stock valued at $959,000 after acquiring an additional 2,341 shares during the period.

First Trust NASDAQ BuyWrite Income ETF Trading Up 0.6 %

Shares of FTQI stock opened at $21.12 on Friday. First Trust NASDAQ BuyWrite Income ETF has a 12-month low of $18.23 and a 12-month high of $21.49. The stock’s 50-day moving average price is $21.09 and its 200-day moving average price is $20.59. The stock has a market capitalization of $572.35 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 announced a dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 22nd will be issued a $0.207 dividend. This is a boost from First Trust NASDAQ BuyWrite Income ETF’s previous dividend of $0.20. The ex-dividend date of this dividend is Wednesday, January 22nd.

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.