Sanctuary Advisors LLC Acquires New Shares in First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI)

Sanctuary Advisors LLC bought a new position in First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 27,674 shares of the company’s stock, valued at approximately $578,000.

Other hedge funds also recently added to or reduced their stakes in the company. Commonwealth Equity Services LLC raised its holdings in shares of First Trust NASDAQ BuyWrite Income ETF by 951.3% during the second quarter. Commonwealth Equity Services LLC now owns 125,394 shares of the company’s stock valued at $2,561,000 after buying an additional 113,467 shares during the last quarter. Integrated Wealth Concepts LLC increased its position in First Trust NASDAQ BuyWrite Income ETF by 8.9% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 647,285 shares of the company’s stock valued at $13,256,000 after acquiring an additional 52,767 shares during the period. Stifel Financial Corp raised its stake in First Trust NASDAQ BuyWrite Income ETF by 89.6% during the 3rd quarter. Stifel Financial Corp now owns 79,969 shares of the company’s stock valued at $1,638,000 after acquiring an additional 37,786 shares in the last quarter. Ameritas Advisory Services LLC raised its stake in First Trust NASDAQ BuyWrite Income ETF by 16.6% during the 3rd quarter. Ameritas Advisory Services LLC now owns 254,319 shares of the company’s stock valued at $5,208,000 after acquiring an additional 36,261 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in First Trust NASDAQ BuyWrite Income ETF by 52.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 96,299 shares of the company’s stock worth $1,966,000 after acquiring an additional 33,328 shares during the period.

First Trust NASDAQ BuyWrite Income ETF Stock Performance

Shares of FTQI opened at $21.30 on Thursday. First Trust NASDAQ BuyWrite Income ETF has a one year low of $18.23 and a one year high of $21.49. The stock’s fifty day moving average is $20.93 and its 200-day moving average is $20.50. The firm has a market capitalization of $492.03 million, a price-to-earnings ratio of 29.15 and a beta of 0.52.

First Trust NASDAQ BuyWrite Income ETF Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be paid a dividend of $0.204 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $2.45 annualized dividend and a yield of 11.49%.

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.