Cerity Partners LLC Buys New Shares in First Trust BuyWrite Income ETF (NASDAQ:FTHI)

Cerity Partners LLC bought a new stake in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) in the 4th quarter, HoldingsChannel reports. The firm bought 115,355 shares of the company’s stock, valued at approximately $2,464,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. LPL Financial LLC lifted its position in shares of First Trust BuyWrite Income ETF by 45.3% in the 3rd quarter. LPL Financial LLC now owns 1,890,652 shares of the company’s stock valued at $38,588,000 after acquiring an additional 589,252 shares in the last quarter. Raymond James & Associates lifted its position in shares of First Trust BuyWrite Income ETF by 11.0% in the 4th quarter. Raymond James & Associates now owns 474,500 shares of the company’s stock valued at $10,135,000 after acquiring an additional 47,120 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its position in shares of First Trust BuyWrite Income ETF by 17.1% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 1,361,487 shares of the company’s stock valued at $29,081,000 after acquiring an additional 199,176 shares in the last quarter. LVZ Inc. lifted its position in shares of First Trust BuyWrite Income ETF by 30.5% in the 4th quarter. LVZ Inc. now owns 26,738 shares of the company’s stock valued at $571,000 after acquiring an additional 6,250 shares in the last quarter. Finally, Western Wealth Management LLC lifted its position in shares of First Trust BuyWrite Income ETF by 45.1% in the 3rd quarter. Western Wealth Management LLC now owns 72,540 shares of the company’s stock valued at $1,481,000 after acquiring an additional 22,540 shares in the last quarter.

First Trust BuyWrite Income ETF Stock Performance

Shares of NASDAQ:FTHI opened at $21.85 on Friday. The company has a market cap of $555.43 million, a PE ratio of 16.82 and a beta of 0.72. First Trust BuyWrite Income ETF has a 52 week low of $19.56 and a 52 week high of $22.59. The firm has a 50 day simple moving average of $22.21 and a 200 day simple moving average of $21.44.

First Trust BuyWrite Income ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were given a $0.16 dividend. The ex-dividend date was Thursday, March 21st. This represents a $1.92 annualized dividend and a dividend yield of 8.79%.

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.