Cetera Investment Advisers Grows Holdings in First Trust NASDAQ BuyWrite Income ETF $FTQI

Cetera Investment Advisers grew its stake in First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) by 16.7% in the first quarter, Holdings Channel.com reports. The institutional investor owned 364,351 shares of the company’s stock after buying an additional 52,045 shares during the quarter. Cetera Investment Advisers’ holdings in First Trust NASDAQ BuyWrite Income ETF were worth $7,258,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. LPL Financial LLC raised its position in shares of First Trust NASDAQ BuyWrite Income ETF by 10.7% during the 4th quarter. LPL Financial LLC now owns 3,185,721 shares of the company’s stock valued at $66,327,000 after buying an additional 307,710 shares in the last quarter. Wells Fargo & Company MN grew its position in First Trust NASDAQ BuyWrite Income ETF by 26.2% in the fourth quarter. Wells Fargo & Company MN now owns 2,011,400 shares of the company’s stock worth $41,877,000 after acquiring an additional 417,518 shares in the last quarter. Commonwealth Equity Services LLC grew its position in First Trust NASDAQ BuyWrite Income ETF by 3.1% in the fourth quarter. Commonwealth Equity Services LLC now owns 1,137,323 shares of the company’s stock worth $23,679,000 after acquiring an additional 34,266 shares in the last quarter. Spartan Wealth Advisory Services LLC bought a new position in First Trust NASDAQ BuyWrite Income ETF in the first quarter valued at $10,234,000. Finally, Snowden Capital Advisors LLC increased its stake in First Trust NASDAQ BuyWrite Income ETF by 1.0% in the second quarter. Snowden Capital Advisors LLC now owns 265,570 shares of the company’s stock valued at $5,195,000 after acquiring an additional 2,606 shares during the last quarter.

First Trust NASDAQ BuyWrite Income ETF Stock Up 0.5%

NASDAQ FTQI opened at $21.67 on Friday. The stock’s 50-day simple moving average is $21.92 and its two-hundred day simple moving average is $21.16. First Trust NASDAQ BuyWrite Income ETF has a twelve month low of $19.23 and a twelve month high of $22.37. The company has a market capitalization of $901.47 million, a price-to-earnings ratio of 32.31 and a beta of 0.63.

First Trust NASDAQ BuyWrite Income ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, July 21st were issued a $0.222 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 12.3%. The ex-dividend date was Tuesday, July 21st.

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.