57,131 Shares in First Trust NASDAQ BuyWrite Income ETF $FTQI Bought by RFG Advisory LLC

RFG Advisory LLC acquired a new stake in First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 57,131 shares of the company’s stock, valued at approximately $1,177,000.

A number of other institutional investors and hedge funds have also made changes to their positions in FTQI. Blue Trust Inc. purchased a new position in shares of First Trust NASDAQ BuyWrite Income ETF during the second quarter worth about $49,000. IMG Wealth Management Inc. lifted its position in First Trust NASDAQ BuyWrite Income ETF by 16.8% during the 2nd quarter. IMG Wealth Management Inc. now owns 8,517 shares of the company’s stock worth $167,000 after acquiring an additional 1,222 shares during the period. Bank of America Corp DE purchased a new position in shares of First Trust NASDAQ BuyWrite Income ETF in the 2nd quarter valued at approximately $178,000. NWF Advisory Services Inc. acquired a new position in shares of First Trust NASDAQ BuyWrite Income ETF in the third quarter valued at approximately $204,000. Finally, Ausdal Financial Partners Inc. purchased a new stake in shares of First Trust NASDAQ BuyWrite Income ETF during the second quarter worth approximately $209,000.

First Trust NASDAQ BuyWrite Income ETF Price Performance

Shares of NASDAQ FTQI opened at $20.84 on Thursday. The stock has a fifty day moving average price of $20.88 and a 200 day moving average price of $20.63. First Trust NASDAQ BuyWrite Income ETF has a 1-year low of $16.25 and a 1-year high of $21.36. The company has a market cap of $783.58 million, a PE ratio of 32.31 and a beta of 0.59.

First Trust NASDAQ BuyWrite Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, January 30th. Stockholders of record on Wednesday, January 21st were issued a $0.207 dividend. The ex-dividend date of this dividend was Wednesday, January 21st. This is a positive change from First Trust NASDAQ BuyWrite Income ETF’s previous monthly dividend of $0.21. This represents a c) annualized dividend and a dividend yield of 11.9%.

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.