Global Retirement Partners LLC Purchases New Shares in First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI)

Global Retirement Partners LLC acquired a new stake in First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 1,524 shares of the company’s stock, valued at approximately $32,000.

A number of other hedge funds also recently bought and sold shares of FTQI. Atria Investments Inc acquired a new position in shares of First Trust NASDAQ BuyWrite Income ETF in the 3rd quarter valued at $233,000. Stifel Financial Corp raised its holdings in First Trust NASDAQ BuyWrite Income ETF by 89.6% in the third 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. Sanctuary Advisors LLC purchased a new position in First Trust NASDAQ BuyWrite Income ETF in the third quarter valued at $578,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in First Trust NASDAQ BuyWrite Income ETF in the fourth quarter valued at approximately $50,000. Finally, Ameritas Advisory Services LLC boosted its stake in First Trust NASDAQ BuyWrite Income ETF by 14.1% in the fourth quarter. Ameritas Advisory Services LLC now owns 290,074 shares of the company’s stock valued at $6,039,000 after acquiring an additional 35,755 shares in the last quarter.

First Trust NASDAQ BuyWrite Income ETF Price Performance

Shares of First Trust NASDAQ BuyWrite Income ETF stock opened at $20.35 on Friday. The stock has a market capitalization of $544.36 million, a price-to-earnings ratio of 29.15 and a beta of 0.52. First Trust NASDAQ BuyWrite Income ETF has a 12 month low of $18.23 and a 12 month high of $21.49. The firm’s fifty day simple moving average is $20.99 and its 200-day simple moving average is $20.74.

First Trust NASDAQ BuyWrite Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 21st were paid a $0.207 dividend. This represents a $2.48 annualized dividend and a dividend yield of 12.21%. The ex-dividend date of this dividend was Friday, February 21st. This is a boost from First Trust NASDAQ BuyWrite Income ETF’s previous monthly dividend of $0.20.

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.