TrueMark Investments LLC Sells 55,249 Shares of First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI)

TrueMark Investments LLC reduced its position in shares of First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) by 38.1% in the fourth quarter, Holdings Channel reports. The firm owned 89,796 shares of the company’s stock after selling 55,249 shares during the quarter. TrueMark Investments LLC’s holdings in First Trust NASDAQ BuyWrite Income ETF were worth $1,870,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the company. Commonwealth Equity Services LLC lifted its holdings in shares of First Trust NASDAQ BuyWrite Income ETF by 123.1% during the fourth quarter. Commonwealth Equity Services LLC now owns 1,070,553 shares of the company’s stock valued at $22,289,000 after purchasing an additional 590,743 shares in the last quarter. LPL Financial LLC raised its position in First Trust NASDAQ BuyWrite Income ETF by 17.6% in the 4th quarter. LPL Financial LLC now owns 1,671,347 shares of the company’s stock worth $34,797,000 after buying an additional 249,678 shares during the last quarter. Fifth Third Securities Inc. lifted its stake in First Trust NASDAQ BuyWrite Income ETF by 113.7% during the 4th quarter. Fifth Third Securities Inc. now owns 442,506 shares of the company’s stock valued at $9,213,000 after acquiring an additional 235,437 shares during the period. Integrated Wealth Concepts LLC boosted its holdings in shares of First Trust NASDAQ BuyWrite Income ETF by 8.9% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 647,285 shares of the company’s stock valued at $13,256,000 after acquiring an additional 52,767 shares during the last quarter. Finally, Sowell Financial Services LLC boosted its holdings in shares of First Trust NASDAQ BuyWrite Income ETF by 57.2% during the 4th quarter. Sowell Financial Services LLC now owns 132,367 shares of the company’s stock valued at $2,756,000 after acquiring an additional 48,143 shares during the last quarter.

First Trust NASDAQ BuyWrite Income ETF Stock Up 0.1 %

FTQI opened at $19.59 on Wednesday. The stock has a market capitalization of $524.03 million, a price-to-earnings ratio of 30.28 and a beta of 0.52. The firm has a 50 day moving average price of $20.43 and a 200-day moving average price of $20.65. First Trust NASDAQ BuyWrite Income ETF has a twelve month low of $18.23 and a twelve month high of $21.49.

First Trust NASDAQ BuyWrite Income ETF Increases Dividend

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

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.