Private Trust Co. NA Increases Position in First Trust BuyWrite Income ETF $FTHI

Private Trust Co. NA grew its holdings in First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 10.7% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 10,353 shares of the company’s stock after buying an additional 1,000 shares during the period. Private Trust Co. NA’s holdings in First Trust BuyWrite Income ETF were worth $237,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Davidson Trust Co. raised its holdings in shares of First Trust BuyWrite Income ETF by 4.8% in the second quarter. Davidson Trust Co. now owns 88,484 shares of the company’s stock valued at $2,022,000 after buying an additional 4,070 shares during the last quarter. CWM LLC increased its stake in shares of First Trust BuyWrite Income ETF by 22.9% during the second quarter. CWM LLC now owns 310,505 shares of the company’s stock worth $7,095,000 after acquiring an additional 57,894 shares during the period. Concurrent Investment Advisors LLC increased its stake in shares of First Trust BuyWrite Income ETF by 17.5% during the second quarter. Concurrent Investment Advisors LLC now owns 93,363 shares of the company’s stock worth $2,133,000 after acquiring an additional 13,907 shares during the period. RiverTree Advisors LLC increased its stake in shares of First Trust BuyWrite Income ETF by 182.0% during the second quarter. RiverTree Advisors LLC now owns 201,047 shares of the company’s stock worth $4,594,000 after acquiring an additional 129,751 shares during the period. Finally, Gentry Private Wealth LLC increased its stake in shares of First Trust BuyWrite Income ETF by 2.6% during the second quarter. Gentry Private Wealth LLC now owns 31,258 shares of the company’s stock worth $714,000 after acquiring an additional 786 shares during the period.

First Trust BuyWrite Income ETF Stock Up 0.7%

Shares of First Trust BuyWrite Income ETF stock opened at $23.85 on Tuesday. First Trust BuyWrite Income ETF has a 52-week low of $19.07 and a 52-week high of $24.09. The company’s 50-day simple moving average is $23.52 and its 200-day simple moving average is $22.66. The firm has a market cap of $1.68 billion, a price-to-earnings ratio of 25.34 and a beta of 0.72.

First Trust BuyWrite Income ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were paid a dividend of $0.171 per share. This represents a c) dividend on an annualized basis and a dividend yield of 8.6%. The ex-dividend date was Thursday, September 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.