Ameritas Advisory Services LLC Has $6.04 Million Stock Position in First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI)

Ameritas Advisory Services LLC boosted its holdings in First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) by 14.1% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 290,074 shares of the company’s stock after buying an additional 35,755 shares during the quarter. Ameritas Advisory Services LLC owned approximately 1.10% of First Trust NASDAQ BuyWrite Income ETF worth $6,039,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of First Trust NASDAQ BuyWrite Income ETF in the 4th quarter valued at approximately $50,000. Atria Investments Inc acquired a new position in shares of First Trust NASDAQ BuyWrite Income ETF in the third quarter valued at approximately $233,000. Cedrus LLC acquired a new position in First Trust NASDAQ BuyWrite Income ETF in the 3rd quarter valued at approximately $299,000. Sterling Manor Financial LLC lifted its holdings in shares of First Trust NASDAQ BuyWrite Income ETF by 21.0% during the third quarter. Sterling Manor Financial LLC now owns 14,861 shares of the company’s stock worth $304,000 after purchasing an additional 2,583 shares during the period. Finally, Northwestern Mutual Wealth Management Co. acquired a new position in First Trust NASDAQ BuyWrite Income ETF during the 2nd quarter worth about $324,000.

First Trust NASDAQ BuyWrite Income ETF Stock Performance

NASDAQ:FTQI opened at $21.11 on Friday. The firm’s fifty day moving average is $21.06 and its 200-day moving average is $20.56. First Trust NASDAQ BuyWrite Income ETF has a 52 week low of $18.23 and a 52 week high of $21.49. The firm has a market cap of $560.47 million, a P/E ratio of 29.15 and a beta of 0.52.

First Trust NASDAQ BuyWrite Income ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were paid a dividend of $0.204 per share. This represents a $2.45 dividend on an annualized basis and a yield of 11.60%. 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.