Atria Wealth Solutions Inc. Buys 1,098 Shares of First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI)

Atria Wealth Solutions Inc. grew its stake in shares of First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) by 7.9% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 14,999 shares of the company’s stock after acquiring an additional 1,098 shares during the period. Atria Wealth Solutions Inc.’s holdings in First Trust NASDAQ BuyWrite Income ETF were worth $312,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Integrated Wealth Concepts LLC grew its position in shares of First Trust NASDAQ BuyWrite Income ETF by 8.9% during 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. Fifth Third Securities Inc. grew its position in shares of First Trust NASDAQ BuyWrite Income ETF by 113.7% during the 4th quarter. Fifth Third Securities Inc. now owns 442,506 shares of the company’s stock valued at $9,213,000 after acquiring an additional 235,437 shares during the period. Ameritas Advisory Services LLC grew its position in shares of First Trust NASDAQ BuyWrite Income ETF by 14.1% during the 4th 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 during the period. Stifel Financial Corp grew its position in shares of 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 during the period. Finally, Truist Financial Corp lifted its stake in shares of First Trust NASDAQ BuyWrite Income ETF by 24.7% during the 4th quarter. Truist Financial Corp now owns 60,079 shares of the company’s stock valued at $1,251,000 after buying an additional 11,881 shares in the last quarter.

First Trust NASDAQ BuyWrite Income ETF Trading Up 1.5 %

Shares of FTQI stock opened at $20.35 on Friday. The stock has a market capitalization of $544.36 million, a P/E ratio of 29.15 and a beta of 0.52. The firm’s 50 day moving average is $20.99 and its 200 day moving average is $20.73. First Trust NASDAQ BuyWrite Income ETF has a 12 month low of $18.23 and a 12 month high of $21.49.

First Trust NASDAQ BuyWrite Income ETF Increases Dividend

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

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.