LPL Financial LLC Has $34.80 Million Holdings in First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI)

LPL Financial LLC grew its position in First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) by 17.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,671,347 shares of the company’s stock after buying an additional 249,678 shares during the quarter. LPL Financial LLC owned approximately 6.25% of First Trust NASDAQ BuyWrite Income ETF worth $34,797,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. Commonwealth Equity Services LLC lifted its position in shares of First Trust NASDAQ BuyWrite Income ETF by 123.1% in the 4th quarter. Commonwealth Equity Services LLC now owns 1,070,553 shares of the company’s stock valued at $22,289,000 after acquiring an additional 590,743 shares in the last quarter. Integrated Wealth Concepts LLC lifted its holdings in shares of First Trust NASDAQ BuyWrite Income ETF by 8.9% in the third quarter. Integrated Wealth Concepts LLC now owns 647,285 shares of the company’s stock valued at $13,256,000 after purchasing an additional 52,767 shares in the last quarter. Fifth Third Securities Inc. boosted its position in shares of First Trust NASDAQ BuyWrite Income ETF by 113.7% in the fourth quarter. Fifth Third Securities Inc. now owns 442,506 shares of the company’s stock worth $9,213,000 after buying an additional 235,437 shares during the period. Ameritas Advisory Services LLC grew its holdings in shares of First Trust NASDAQ BuyWrite Income ETF by 14.1% during the fourth quarter. Ameritas Advisory Services LLC now owns 290,074 shares of the company’s stock valued at $6,039,000 after buying an additional 35,755 shares in the last quarter. Finally, Sowell Financial Services LLC raised its position in First Trust NASDAQ BuyWrite Income ETF by 57.2% during the fourth quarter. Sowell Financial Services LLC now owns 132,367 shares of the company’s stock valued at $2,756,000 after buying an additional 48,143 shares during the period.

First Trust NASDAQ BuyWrite Income ETF Trading Down 1.6 %

Shares of First Trust NASDAQ BuyWrite Income ETF stock opened at $18.79 on Friday. 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 cap of $502.63 million, a P/E ratio of 30.28 and a beta of 0.52. The stock has a 50-day moving average price of $20.32 and a 200 day moving average price of $20.63.

First Trust NASDAQ BuyWrite Income ETF Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 27th will be issued a dividend of $0.207 per share. This represents a $2.48 annualized dividend and a dividend yield of 13.22%. The ex-dividend date is Thursday, March 27th.

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.