First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) Shares Sold by Channel Wealth LLC

Channel Wealth LLC decreased its holdings in shares of First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) by 4.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 17,061 shares of the company’s stock after selling 821 shares during the period. Channel Wealth LLC owned approximately 0.06% of First Trust NASDAQ BuyWrite Income ETF worth $355,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Marshall Wace LLP increased its holdings in shares of First Trust NASDAQ BuyWrite Income ETF by 2.4% in the second quarter. Marshall Wace LLP now owns 26,312 shares of the company’s stock valued at $537,000 after purchasing an additional 613 shares during the period. MML Investors Services LLC lifted its holdings in shares of First Trust NASDAQ BuyWrite Income ETF by 4.6% during the third quarter. MML Investors Services LLC now owns 43,080 shares of the company’s stock worth $882,000 after purchasing an additional 1,883 shares during the period. CWM LLC lifted its holdings in shares of First Trust NASDAQ BuyWrite Income ETF by 5.3% during the third quarter. CWM LLC now owns 46,811 shares of the company’s stock worth $959,000 after purchasing an additional 2,341 shares during the period. Thurston Springer Miller Herd & Titak Inc. purchased a new position in First Trust NASDAQ BuyWrite Income ETF in the 4th quarter valued at $50,000. Finally, Sterling Manor Financial LLC increased its stake in First Trust NASDAQ BuyWrite Income ETF by 21.0% in the 3rd quarter. Sterling Manor Financial LLC now owns 14,861 shares of the company’s stock valued at $304,000 after buying an additional 2,583 shares during the period.

First Trust NASDAQ BuyWrite Income ETF Stock Performance

FTQI stock opened at $20.94 on Friday. The stock has a market capitalization of $555.96 million, a PE ratio of 29.15 and a beta of 0.52. The company has a fifty day moving average of $21.06 and a 200-day moving average of $20.56. First Trust NASDAQ BuyWrite Income ETF has a one year low of $18.23 and a one year high of $21.49.

First Trust NASDAQ BuyWrite Income ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a dividend of $0.204 per share. This represents a $2.45 annualized dividend and a yield of 11.69%. The ex-dividend date of this dividend was Friday, December 13th.

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.