First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) Announces Monthly Dividend of $0.22

First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) announced a monthly dividend on Thursday, August 20th, NASDAQ Dividends reports. Investors of record on Friday, August 21st will be paid a dividend of 0.222 per share on Monday, August 31st. This represents a c) annualized dividend and a yield of 12.1%. The ex-dividend date is Friday, August 21st.

First Trust NASDAQ BuyWrite Income ETF Stock Down 0.4%

Shares of FTQI stock traded down $0.08 during mid-day trading on Friday, reaching $21.93. 426,680 shares of the company’s stock traded hands, compared to its average volume of 304,607. The company’s 50-day moving average price is $22.03 and its 200-day moving average price is $21.29. The company has a market cap of $917.77 million, a P/E ratio of 32.31 and a beta of 0.63. First Trust NASDAQ BuyWrite Income ETF has a 12 month low of $19.23 and a 12 month high of $22.46.

Institutional Trading of First Trust NASDAQ BuyWrite Income ETF

A number of hedge funds have recently made changes to their positions in the stock. Sigma Planning Corp grew its holdings in shares of First Trust NASDAQ BuyWrite Income ETF by 0.9% during the first quarter. Sigma Planning Corp now owns 58,591 shares of the company’s stock valued at $1,167,000 after buying an additional 494 shares during the last quarter. Tactive Advisors LLC raised its holdings in First Trust NASDAQ BuyWrite Income ETF by 2.9% in the 1st quarter. Tactive Advisors LLC now owns 25,094 shares of the company’s stock worth $500,000 after acquiring an additional 696 shares during the last quarter. Novem Group raised its holdings in First Trust NASDAQ BuyWrite Income ETF by 5.5% in the 4th quarter. Novem Group now owns 13,915 shares of the company’s stock worth $290,000 after acquiring an additional 729 shares during the last quarter. Western Wealth Management LLC lifted its position in First Trust NASDAQ BuyWrite Income ETF by 5.7% in the 1st quarter. Western Wealth Management LLC now owns 14,183 shares of the company’s stock valued at $283,000 after acquiring an additional 771 shares in the last quarter. Finally, D.A. Davidson & CO. lifted its position in First Trust NASDAQ BuyWrite Income ETF by 1.0% in the 4th quarter. D.A. Davidson & CO. now owns 81,938 shares of the company’s stock valued at $1,706,000 after acquiring an additional 832 shares in the last quarter.

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.