Atria Wealth Solutions Inc. Boosts Stake in First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI)

Atria Wealth Solutions Inc. increased its position in First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) by 251.9% in the 1st quarter, Holdings Channel reports. The firm owned 52,782 shares of the company’s stock after buying an additional 37,783 shares during the period. Atria Wealth Solutions Inc.’s holdings in First Trust NASDAQ BuyWrite Income ETF were worth $995,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in FTQI. Sowell Financial Services LLC raised its stake in First Trust NASDAQ BuyWrite Income ETF by 0.5% during the 1st quarter. Sowell Financial Services LLC now owns 133,023 shares of the company’s stock valued at $2,507,000 after acquiring an additional 656 shares during the last quarter. Wedbush Securities Inc. raised its stake in First Trust NASDAQ BuyWrite Income ETF by 4.7% during the 1st quarter. Wedbush Securities Inc. now owns 33,254 shares of the company’s stock valued at $627,000 after acquiring an additional 1,495 shares during the last quarter. NBC Securities Inc. purchased a new stake in First Trust NASDAQ BuyWrite Income ETF during the 1st quarter valued at approximately $34,000. Marshall Investment Management LLC raised its stake in First Trust NASDAQ BuyWrite Income ETF by 11.8% during the 1st quarter. Marshall Investment Management LLC now owns 18,445 shares of the company’s stock valued at $348,000 after acquiring an additional 1,943 shares during the last quarter. Finally, Sunbelt Securities Inc. purchased a new stake in First Trust NASDAQ BuyWrite Income ETF during the 4th quarter valued at approximately $42,000.

First Trust NASDAQ BuyWrite Income ETF Stock Down 0.2%

FTQI opened at $20.17 on Tuesday. The business has a 50 day moving average price of $19.60 and a two-hundred day moving average price of $19.45. The company has a market cap of $667.63 million, a PE ratio of 32.31 and a beta of 0.52. First Trust NASDAQ BuyWrite Income ETF has a 52 week low of $16.25 and a 52 week high of $21.49.

First Trust NASDAQ BuyWrite Income ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, July 31st. Shareholders of record on Tuesday, July 22nd were given a dividend of $0.195 per share. The ex-dividend date was Tuesday, July 22nd. This is a positive change from First Trust NASDAQ BuyWrite Income ETF’s previous dividend of $0.19.

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.