Legacy Wealth Managment LLC ID Acquires 67,425 Shares of First Trust BuyWrite Income ETF $FTHI

Legacy Wealth Managment LLC ID grew its holdings in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 95.6% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 137,965 shares of the company’s stock after buying an additional 67,425 shares during the period. First Trust BuyWrite Income ETF accounts for 1.5% of Legacy Wealth Managment LLC ID’s portfolio, making the stock its 16th biggest position. Legacy Wealth Managment LLC ID owned approximately 0.14% of First Trust BuyWrite Income ETF worth $3,290,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FTHI. Global Retirement Partners LLC raised its holdings in First Trust BuyWrite Income ETF by 15.4% in the 4th quarter. Global Retirement Partners LLC now owns 3,783 shares of the company’s stock worth $89,000 after purchasing an additional 504 shares in the last quarter. LVZ Inc. lifted its position in shares of First Trust BuyWrite Income ETF by 0.9% in 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. Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of First Trust BuyWrite Income ETF by 4.6% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 12,593 shares of the company’s stock valued at $300,000 after purchasing an additional 552 shares in the last quarter. Gentry Private Wealth LLC boosted its stake in shares of First Trust BuyWrite Income ETF by 2.8% during the 1st quarter. Gentry Private Wealth LLC now owns 21,321 shares of the company’s stock valued at $489,000 after purchasing an additional 573 shares in the last quarter. Finally, Sanctuary Advisors LLC increased its position in shares of First Trust BuyWrite Income ETF by 2.1% during the fourth quarter. Sanctuary Advisors LLC now owns 27,938 shares of the company’s stock valued at $660,000 after buying an additional 584 shares during the period.

First Trust BuyWrite Income ETF Price Performance

Shares of NASDAQ FTHI opened at $24.09 on Friday. First Trust BuyWrite Income ETF has a 1 year low of $22.37 and a 1 year high of $24.39. The stock has a market capitalization of $2.45 billion, a P/E ratio of 25.34 and a beta of 0.62. The company’s 50-day moving average is $23.86 and its 200 day moving average is $23.67.

First Trust BuyWrite Income ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Monday, August 31st. Shareholders of record on Friday, August 21st were given a dividend of $0.179 per share. This represents a c) annualized dividend and a yield of 8.9%. The ex-dividend date of this dividend was Friday, August 21st.

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.