First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) Shares Sold by Harbour Investments Inc.

Harbour Investments Inc. cut its stake in First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) by 75.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 53,371 shares of the company’s stock after selling 167,166 shares during the period. Harbour Investments Inc.’s holdings in First Trust NASDAQ BuyWrite Income ETF were worth $1,093,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. GPS Wealth Strategies Group LLC increased its holdings in shares of First Trust NASDAQ BuyWrite Income ETF by 26.0% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 2,612 shares of the company’s stock worth $53,000 after acquiring an additional 539 shares during the period. Envestnet Portfolio Solutions Inc. bought a new position in First Trust NASDAQ BuyWrite Income ETF in the 1st quarter valued at about $206,000. Atria Investments Inc bought a new position in shares of First Trust NASDAQ BuyWrite Income ETF during the 3rd quarter valued at about $233,000. Sterling Manor Financial LLC boosted its position in shares of First Trust NASDAQ BuyWrite Income ETF by 8.4% during the 2nd quarter. Sterling Manor Financial LLC now owns 12,278 shares of the company’s stock valued at $251,000 after purchasing an additional 956 shares in the last quarter. Finally, Concourse Financial Group Securities Inc. boosted its position in shares of First Trust NASDAQ BuyWrite Income ETF by 26.4% during the 2nd quarter. Concourse Financial Group Securities Inc. now owns 13,476 shares of the company’s stock valued at $275,000 after purchasing an additional 2,817 shares in the last quarter.

First Trust NASDAQ BuyWrite Income ETF Price Performance

Shares of FTQI opened at $20.94 on Friday. First Trust NASDAQ BuyWrite Income ETF has a one year low of $18.23 and a one year high of $21.18. The company has a 50-day moving average of $20.49 and a two-hundred day moving average of $20.33. The stock has a market cap of $483.71 million, a price-to-earnings ratio of 29.15 and a beta of 0.52.

First Trust NASDAQ BuyWrite Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, October 31st. Stockholders of record on Tuesday, October 22nd were given a $0.204 dividend. This represents a $2.45 dividend on an annualized basis and a dividend yield of 11.69%. This is a positive change from First Trust NASDAQ BuyWrite Income ETF’s previous monthly dividend of $0.20. The ex-dividend date of this dividend was Tuesday, October 22nd.

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.