Fifth Third Securities Inc. Purchases 36,979 Shares of First Trust NASDAQ BuyWrite Income ETF $FTQI

Fifth Third Securities Inc. grew its holdings in First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) by 6.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 595,389 shares of the company’s stock after purchasing an additional 36,979 shares during the quarter. Fifth Third Securities Inc. owned approximately 1.70% of First Trust NASDAQ BuyWrite Income ETF worth $12,265,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Snowden Capital Advisors LLC boosted its stake in First Trust NASDAQ BuyWrite Income ETF by 1.0% in the second quarter. Snowden Capital Advisors LLC now owns 265,570 shares of the company’s stock valued at $5,195,000 after acquiring an additional 2,606 shares during the last quarter. Osaic Holdings Inc. lifted its stake in shares of First Trust NASDAQ BuyWrite Income ETF by 32.8% in the 2nd quarter. Osaic Holdings Inc. now owns 188,650 shares of the company’s stock valued at $3,690,000 after purchasing an additional 46,541 shares during the period. Cetera Investment Advisers boosted its position in shares of First Trust NASDAQ BuyWrite Income ETF by 18.0% in the 2nd quarter. Cetera Investment Advisers now owns 151,960 shares of the company’s stock worth $2,972,000 after purchasing an additional 23,149 shares during the last quarter. Sowell Financial Services LLC grew its stake in shares of First Trust NASDAQ BuyWrite Income ETF by 6.1% during the second quarter. Sowell Financial Services LLC now owns 141,145 shares of the company’s stock worth $2,761,000 after purchasing an additional 8,122 shares during the period. Finally, RiverTree Advisors LLC grew 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 worth $2,711,000 after purchasing an additional 72,522 shares during the period.

First Trust NASDAQ BuyWrite Income ETF Trading Up 1.1%

NASDAQ:FTQI opened at $20.84 on Friday. First Trust NASDAQ BuyWrite Income ETF has a 1-year low of $16.25 and a 1-year high of $21.36. The firm has a market capitalization of $741.90 million, a price-to-earnings ratio of 32.31 and a beta of 0.59. The business’s 50-day moving average price is $20.79 and its two-hundred day moving average price is $20.26.

First Trust NASDAQ BuyWrite Income ETF Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Wednesday, December 31st. Investors of record on Friday, December 12th will be given a $0.205 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 11.8%. The ex-dividend date is Friday, December 12th.

First Trust NASDAQ BuyWrite Income ETF 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.