Cwm LLC Acquires 12,618 Shares of First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI)

Cwm LLC lifted its holdings in shares of First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) by 124.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 22,724 shares of the company’s stock after acquiring an additional 12,618 shares during the quarter. Cwm LLC’s holdings in First Trust NASDAQ BuyWrite Income ETF were worth $450,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Capital Investment Advisory Services LLC boosted its stake in shares of First Trust NASDAQ BuyWrite Income ETF by 4.9% during the 3rd quarter. Capital Investment Advisory Services LLC now owns 11,310 shares of the company’s stock worth $213,000 after acquiring an additional 530 shares during the period. Cape Investment Advisory Inc. bought a new position in shares of First Trust NASDAQ BuyWrite Income ETF during the 3rd quarter worth approximately $28,000. Elevated Capital Advisors LLC boosted its stake in shares of First Trust NASDAQ BuyWrite Income ETF by 4.5% during the 4th quarter. Elevated Capital Advisors LLC now owns 44,875 shares of the company’s stock worth $889,000 after acquiring an additional 1,921 shares during the period. Cambridge Investment Research Advisors Inc. boosted its stake in shares of First Trust NASDAQ BuyWrite Income ETF by 29.2% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 15,628 shares of the company’s stock worth $295,000 after acquiring an additional 3,535 shares during the period. Finally, Owen LaRue LLC boosted its stake in shares of First Trust NASDAQ BuyWrite Income ETF by 49.6% during the 3rd quarter. Owen LaRue LLC now owns 35,163 shares of the company’s stock worth $664,000 after acquiring an additional 11,658 shares during the period.

First Trust NASDAQ BuyWrite Income ETF Trading Down 0.3 %

Shares of NASDAQ FTQI opened at $19.74 on Thursday. First Trust NASDAQ BuyWrite Income ETF has a 12 month low of $18.15 and a 12 month high of $20.85. The stock has a 50 day moving average of $20.31 and a 200-day moving average of $19.89. The company has a market capitalization of $276.36 million, a P/E ratio of 28.18 and a beta of 0.52.

First Trust NASDAQ BuyWrite Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, April 30th. Investors of record on Wednesday, April 24th were issued a dividend of $0.204 per share. This is a boost from First Trust NASDAQ BuyWrite Income ETF’s previous monthly dividend of $0.20. This represents a $2.45 annualized dividend and a yield of 12.40%. The ex-dividend date was Tuesday, April 23rd.

First Trust NASDAQ BuyWrite Income ETF Company 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.