Core Wealth Partners LLC Makes New Investment in First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI)

Core Wealth Partners LLC acquired a new stake in First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 23,217 shares of the company’s stock, valued at approximately $438,000.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Kestra Private Wealth Services LLC lifted its stake in shares of First Trust NASDAQ BuyWrite Income ETF by 15.3% in the 1st quarter. Kestra Private Wealth Services LLC now owns 45,675 shares of the company’s stock valued at $861,000 after purchasing an additional 6,053 shares during the period. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of First Trust NASDAQ BuyWrite Income ETF by 17.3% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 113,770 shares of the company’s stock worth $2,145,000 after purchasing an additional 16,808 shares during the last quarter. Integrated Advisors Network LLC purchased a new stake in First Trust NASDAQ BuyWrite Income ETF in the 1st quarter valued at $216,000. Sigma Planning Corp acquired a new stake in First Trust NASDAQ BuyWrite Income ETF during the first quarter worth about $223,000. Finally, Commonwealth Equity Services LLC raised its position in shares of First Trust NASDAQ BuyWrite Income ETF by 2.4% during the 1st quarter. Commonwealth Equity Services LLC now owns 1,096,421 shares of the company’s stock valued at $20,668,000 after buying an additional 25,868 shares during the period.

First Trust NASDAQ BuyWrite Income ETF Stock Performance

Shares of FTQI stock opened at $20.17 on Tuesday. First Trust NASDAQ BuyWrite Income ETF has a one year low of $16.25 and a one year high of $21.49. The firm’s 50 day moving average price is $19.60 and its 200-day moving average price is $19.45. The firm has a market cap of $667.63 million, a P/E ratio of 32.31 and a beta of 0.52.

First Trust NASDAQ BuyWrite Income ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, July 31st. Shareholders of record on Tuesday, July 22nd were given a $0.195 dividend. The ex-dividend date of this dividend was Tuesday, July 22nd. This is an increase from First Trust NASDAQ BuyWrite Income ETF’s previous dividend of $0.19.

About First Trust NASDAQ BuyWrite Income ETF

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.