World Investment Advisors Sells 903 Shares of First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI)

World Investment Advisors lessened its stake in shares of First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) by 3.5% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 24,877 shares of the company’s stock after selling 903 shares during the period. World Investment Advisors’ holdings in First Trust NASDAQ BuyWrite Income ETF were worth $518,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Tyler Stone Wealth Management bought a new position in shares of First Trust NASDAQ BuyWrite Income ETF during the fourth quarter valued at $327,000. LPL Financial LLC increased its position in shares of First Trust NASDAQ BuyWrite Income ETF by 17.6% during the 4th quarter. LPL Financial LLC now owns 1,671,347 shares of the company’s stock worth $34,797,000 after purchasing an additional 249,678 shares in the last quarter. IMG Wealth Management Inc. acquired a new stake in shares of First Trust NASDAQ BuyWrite Income ETF during the 4th quarter worth about $103,000. Harbour Investments Inc. boosted its position in First Trust NASDAQ BuyWrite Income ETF by 57.2% in the fourth quarter. Harbour Investments Inc. now owns 83,881 shares of the company’s stock valued at $1,746,000 after buying an additional 30,510 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its stake in First Trust NASDAQ BuyWrite Income ETF by 123.1% during the fourth quarter. Commonwealth Equity Services LLC now owns 1,070,553 shares of the company’s stock worth $22,289,000 after buying an additional 590,743 shares during the last quarter.

First Trust NASDAQ BuyWrite Income ETF Trading Up 0.2 %

NASDAQ:FTQI opened at $17.13 on Tuesday. The stock has a market capitalization of $522.47 million, a P/E ratio of 26.86 and a beta of 0.54. First Trust NASDAQ BuyWrite Income ETF has a 1 year low of $16.25 and a 1 year high of $21.49. The firm has a 50 day moving average of $19.97 and a 200-day moving average of $20.55.

First Trust NASDAQ BuyWrite Income ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were given a $0.207 dividend. The ex-dividend date was Thursday, March 27th. This represents a $2.48 annualized dividend and a yield of 14.50%.

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.