D.A. Davidson & CO. Boosts Stake in First Trust BuyWrite Income ETF $FTHI

D.A. Davidson & CO. lifted its position in First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 7.3% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,010,900 shares of the company’s stock after acquiring an additional 206,072 shares during the period. D.A. Davidson & CO.’s holdings in First Trust BuyWrite Income ETF were worth $69,100,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of the company. Global Retirement Partners LLC boosted its position in First Trust BuyWrite Income ETF by 15.4% in the fourth quarter. Global Retirement Partners LLC now owns 3,783 shares of the company’s stock valued at $89,000 after buying an additional 504 shares during the last quarter. LVZ Inc. grew its position in First Trust BuyWrite Income ETF by 0.9% during the 1st quarter. LVZ Inc. now owns 64,152 shares of the company’s stock worth $1,472,000 after purchasing an additional 551 shares during the period. Novem Group raised its stake in shares of First Trust BuyWrite Income ETF by 5.0% during the 4th quarter. Novem Group now owns 11,569 shares of the company’s stock valued at $273,000 after buying an additional 552 shares during the last quarter. Gentry Private Wealth LLC lifted its holdings in shares of First Trust BuyWrite Income ETF by 2.8% in the 1st quarter. Gentry Private Wealth LLC now owns 21,321 shares of the company’s stock valued at $489,000 after buying an additional 573 shares during the period. Finally, Sanctuary Advisors LLC boosted its stake in shares of First Trust BuyWrite Income ETF by 2.1% in the fourth quarter. Sanctuary Advisors LLC now owns 27,938 shares of the company’s stock worth $660,000 after buying an additional 584 shares during the last quarter.

First Trust BuyWrite Income ETF Trading Up 0.2%

Shares of NASDAQ:FTHI opened at $23.94 on Thursday. First Trust BuyWrite Income ETF has a 12-month low of $22.37 and a 12-month high of $24.18. The business has a 50 day moving average of $23.80 and a two-hundred day moving average of $23.66. The company has a market capitalization of $2.38 billion, a PE ratio of 25.34 and a beta of 0.62.

First Trust BuyWrite Income ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were paid a $0.172 dividend. The ex-dividend date was Thursday, June 25th.

First Trust BuyWrite Income ETF Profile

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.