Truist Financial Corp Sells 29,446 Shares of First Trust BuyWrite Income ETF $FTHI

Truist Financial Corp trimmed its position in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 31.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 65,119 shares of the company’s stock after selling 29,446 shares during the period. Truist Financial Corp’s holdings in First Trust BuyWrite Income ETF were worth $1,544,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. AQR Capital Management LLC bought a new stake in shares of First Trust BuyWrite Income ETF in the 1st quarter worth approximately $497,000. NewEdge Advisors LLC raised its stake in shares of First Trust BuyWrite Income ETF by 31.9% in the first quarter. NewEdge Advisors LLC now owns 45,052 shares of the company’s stock valued at $985,000 after purchasing an additional 10,903 shares in the last quarter. Goldman Sachs Group Inc. acquired a new position in shares of First Trust BuyWrite Income ETF in the first quarter valued at $901,000. Jane Street Group LLC lifted its position in First Trust BuyWrite Income ETF by 13.0% in the first quarter. Jane Street Group LLC now owns 84,413 shares of the company’s stock worth $1,845,000 after purchasing an additional 9,736 shares during the period. Finally, DAVENPORT & Co LLC acquired a new stake in First Trust BuyWrite Income ETF during the second quarter worth $250,000.

First Trust BuyWrite Income ETF Price Performance

Shares of First Trust BuyWrite Income ETF stock opened at $23.96 on Monday. First Trust BuyWrite Income ETF has a 52-week low of $19.07 and a 52-week high of $24.05. The firm has a market capitalization of $1.99 billion, a PE ratio of 25.34 and a beta of 0.64. The company’s fifty day moving average price is $23.75 and its two-hundred day moving average price is $23.58.

First Trust BuyWrite Income ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, January 30th. Investors of record on Wednesday, January 21st were paid a $0.177 dividend. The ex-dividend date of this dividend was Wednesday, January 21st. This represents a c) dividend on an annualized basis and a yield of 8.9%.

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.