TrueMark Investments LLC Makes New Investment in First Trust NASDAQ BuyWrite Income ETF $FTQI

TrueMark Investments LLC bought a new position in First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 57,073 shares of the company’s stock, valued at approximately $1,188,000. TrueMark Investments LLC owned 0.16% of First Trust NASDAQ BuyWrite Income ETF as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Advisory Services Network LLC purchased a new position in First Trust NASDAQ BuyWrite Income ETF during the third quarter worth about $143,000. Sunbelt Securities Inc. boosted its holdings in First Trust NASDAQ BuyWrite Income ETF by 275.6% in the 3rd quarter. Sunbelt Securities Inc. now owns 7,512 shares of the company’s stock valued at $155,000 after purchasing an additional 5,512 shares in the last quarter. Bank of America Corp DE acquired a new position in First Trust NASDAQ BuyWrite Income ETF during the 2nd quarter worth approximately $178,000. NWF Advisory Services Inc. acquired a new position in First Trust NASDAQ BuyWrite Income ETF during the 3rd quarter worth approximately $204,000. Finally, Ausdal Financial Partners Inc. purchased a new position in shares of First Trust NASDAQ BuyWrite Income ETF during the 2nd quarter worth approximately $209,000.

First Trust NASDAQ BuyWrite Income ETF Price Performance

FTQI opened at $19.50 on Monday. First Trust NASDAQ BuyWrite Income ETF has a 12 month low of $16.25 and a 12 month high of $21.15. The stock has a market capitalization of $733.20 million, a P/E ratio of 32.31 and a beta of 0.59. The business has a 50 day simple moving average of $20.51 and a 200-day simple moving average of $20.69.

First Trust NASDAQ BuyWrite Income ETF Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th will be issued a $0.207 dividend. The ex-dividend date of this dividend is Thursday, March 26th. This represents a c) dividend on an annualized basis and a yield of 12.7%.

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.