31,291 Shares of First Trust BuyWrite Income ETF $FTHI Purchased by Private Client Services LLC

Private Client Services LLC acquired a new stake in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) during the third quarter, Holdings Channel reports. The institutional investor acquired 31,291 shares of the company’s stock, valued at approximately $738,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brookstone Capital Management boosted its holdings in shares of First Trust BuyWrite Income ETF by 54.9% in the 1st quarter. Brookstone Capital Management now owns 80,702 shares of the company’s stock valued at $1,852,000 after acquiring an additional 28,619 shares during the last quarter. World Investment Advisors purchased a new position in shares of First Trust BuyWrite Income ETF during the fourth quarter worth $833,000. LPL Financial LLC lifted its position in First Trust BuyWrite Income ETF by 19.6% during the fourth quarter. LPL Financial LLC now owns 9,018,353 shares of the company’s stock valued at $213,013,000 after purchasing an additional 1,478,322 shares during the period. SHP Wealth Management acquired a new position in First Trust BuyWrite Income ETF during the fourth quarter valued at $8,423,000. Finally, Legacy Wealth Managment LLC ID lifted its position in First Trust BuyWrite Income ETF by 97.4% during the first quarter. Legacy Wealth Managment LLC ID now owns 70,540 shares of the company’s stock valued at $1,619,000 after purchasing an additional 34,801 shares during the period.

First Trust BuyWrite Income ETF Price Performance

NASDAQ:FTHI traded up $0.14 during mid-day trading on Friday, hitting $23.75. The company’s stock had a trading volume of 213,729 shares, compared to its average volume of 711,883. The business’s fifty day moving average is $23.86 and its two-hundred day moving average is $23.70. The stock has a market cap of $2.54 billion, a price-to-earnings ratio of 25.34 and a beta of 0.62. First Trust BuyWrite Income ETF has a 1 year low of $22.37 and a 1 year high of $24.39.

First Trust BuyWrite Income ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th were paid a $0.1790 dividend. The ex-dividend date was Thursday, September 24th. This represents a $2.15 dividend on an annualized basis and a dividend yield of 9.0%.

About First Trust BuyWrite Income ETF

The First Trust BuyWrite Income ETF (FTHI) is an exchange-traded fund that is based on the S&P 500 index. The fund is an actively managed portfolio of US-listed stocks, with an overlay of short calls on the S&P 500. FTHI was launched on Jan 6, 2014 and is managed by First Trust.