Balboa Wealth Partners Makes New $907,000 Investment in First Trust NASDAQ BuyWrite Income ETF $FTQI

Balboa Wealth Partners purchased a new stake in First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) in the 2nd quarter, HoldingsChannel reports. The fund purchased 46,395 shares of the company’s stock, valued at approximately $907,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. International Assets Investment Management LLC increased its stake in shares of First Trust NASDAQ BuyWrite Income ETF by 37.3% in the second quarter. International Assets Investment Management LLC now owns 97,505 shares of the company’s stock valued at $1,907,000 after buying an additional 26,467 shares during the period. Private Trust Co. NA increased its stake in shares of First Trust NASDAQ BuyWrite Income ETF by 10.2% in the second quarter. Private Trust Co. NA now owns 45,779 shares of the company’s stock valued at $895,000 after buying an additional 4,221 shares during the period. Concurrent Investment Advisors LLC increased its stake in shares of First Trust NASDAQ BuyWrite Income ETF by 32.5% in the second quarter. Concurrent Investment Advisors LLC now owns 78,697 shares of the company’s stock valued at $1,539,000 after buying an additional 19,290 shares during the period. Blue Trust Inc. bought a new stake in shares of First Trust NASDAQ BuyWrite Income ETF during the 2nd quarter valued at about $49,000. Finally, IFP Advisors Inc boosted its position in shares of First Trust NASDAQ BuyWrite Income ETF by 2.4% during the 2nd quarter. IFP Advisors Inc now owns 22,361 shares of the company’s stock valued at $437,000 after purchasing an additional 520 shares in the last quarter.

First Trust NASDAQ BuyWrite Income ETF Price Performance

Shares of First Trust NASDAQ BuyWrite Income ETF stock opened at $20.84 on Monday. First Trust NASDAQ BuyWrite Income ETF has a one year low of $16.25 and a one year high of $21.49. The stock’s 50-day moving average is $20.42 and its 200 day moving average is $19.55. The firm has a market cap of $729.40 million, a price-to-earnings ratio of 32.31 and a beta of 0.52.

First Trust NASDAQ BuyWrite Income ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were given a dividend of $0.195 per share. The ex-dividend date was Thursday, September 25th. This represents a c) annualized dividend and a dividend yield of 11.2%.

About First Trust NASDAQ BuyWrite Income ETF

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.