TrueMark Investments LLC Has $1.87 Million Holdings in First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI)

TrueMark Investments LLC trimmed its position in First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) by 38.1% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 89,796 shares of the company’s stock after selling 55,249 shares during the period. TrueMark Investments LLC owned 0.34% of First Trust NASDAQ BuyWrite Income ETF worth $1,870,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of the company. Arete Wealth Advisors LLC increased its holdings in First Trust NASDAQ BuyWrite Income ETF by 23.2% in the 3rd quarter. Arete Wealth Advisors LLC now owns 17,163 shares of the company’s stock worth $350,000 after purchasing an additional 3,235 shares in the last quarter. Integrated Wealth Concepts LLC increased its stake in shares of First Trust NASDAQ BuyWrite Income ETF by 8.9% in the third quarter. Integrated Wealth Concepts LLC now owns 647,285 shares of the company’s stock valued at $13,256,000 after buying an additional 52,767 shares during the period. IHT Wealth Management LLC raised its holdings in First Trust NASDAQ BuyWrite Income ETF by 9.1% in the 3rd quarter. IHT Wealth Management LLC now owns 47,657 shares of the company’s stock valued at $976,000 after buying an additional 3,993 shares during the last quarter. Stifel Financial Corp raised its holdings in First Trust NASDAQ BuyWrite Income ETF by 89.6% in the 3rd quarter. Stifel Financial Corp now owns 79,969 shares of the company’s stock valued at $1,638,000 after buying an additional 37,786 shares during the last quarter. Finally, MML Investors Services LLC boosted its position in First Trust NASDAQ BuyWrite Income ETF by 4.6% during the 3rd quarter. MML Investors Services LLC now owns 43,080 shares of the company’s stock worth $882,000 after buying an additional 1,883 shares during the period.

First Trust NASDAQ BuyWrite Income ETF Stock Performance

Shares of NASDAQ FTQI opened at $19.59 on Wednesday. The firm has a 50 day moving average price of $20.43 and a two-hundred day moving average price of $20.65. The stock has a market cap of $524.03 million, a P/E ratio of 30.28 and a beta of 0.52. First Trust NASDAQ BuyWrite Income ETF has a 52-week low of $18.23 and a 52-week high of $21.49.

First Trust NASDAQ BuyWrite Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 21st were issued a $0.207 dividend. This represents a $2.48 dividend on an annualized basis and a yield of 12.68%. This is an increase from First Trust NASDAQ BuyWrite Income ETF’s previous monthly dividend of $0.20. The ex-dividend date of this dividend was Friday, February 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.