Osaic Holdings Inc. Purchases 46,541 Shares of First Trust NASDAQ BuyWrite Income ETF $FTQI

Osaic Holdings Inc. raised its position in shares of First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) by 32.8% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 188,650 shares of the company’s stock after buying an additional 46,541 shares during the period. Osaic Holdings Inc.’s holdings in First Trust NASDAQ BuyWrite Income ETF were worth $3,690,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. RiverTree Advisors LLC raised its stake in shares of First Trust NASDAQ BuyWrite Income ETF by 109.8% during the second quarter. RiverTree Advisors LLC now owns 138,589 shares of the company’s stock valued at $2,711,000 after acquiring an additional 72,522 shares during the last quarter. Fifth Third Securities Inc. raised its position in First Trust NASDAQ BuyWrite Income ETF by 13.2% during the 2nd quarter. Fifth Third Securities Inc. now owns 558,410 shares of the company’s stock valued at $10,923,000 after purchasing an additional 64,957 shares during the last quarter. B. Riley Wealth Advisors Inc. purchased a new stake in First Trust NASDAQ BuyWrite Income ETF in the 2nd quarter worth approximately $1,213,000. Balboa Wealth Partners bought a new stake in shares of First Trust NASDAQ BuyWrite Income ETF in the 2nd quarter worth approximately $907,000. Finally, International Assets Investment Management LLC increased its stake in shares of First Trust NASDAQ BuyWrite Income ETF by 37.3% during 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.

First Trust NASDAQ BuyWrite Income ETF Stock Down 0.1%

Shares of First Trust NASDAQ BuyWrite Income ETF stock opened at $20.96 on Friday. The business has a 50 day moving average of $20.80 and a 200 day moving average of $20.30. First Trust NASDAQ BuyWrite Income ETF has a 52 week low of $16.25 and a 52 week high of $21.36. The company has a market cap of $746.18 million, a PE ratio of 32.31 and a beta of 0.59.

First Trust NASDAQ BuyWrite Income ETF Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th will be given a $0.205 dividend. This represents a c) annualized dividend and a dividend yield of 11.7%. The ex-dividend date of this dividend is Friday, December 12th.

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.