First Trust Advisors LP Increases Position in First Trust BuyWrite Income ETF (NASDAQ:FTHI)

First Trust Advisors LP lifted its position in First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 27.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 30,367 shares of the company’s stock after acquiring an additional 6,612 shares during the period. First Trust Advisors LP owned 0.06% of First Trust BuyWrite Income ETF worth $707,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. SBI Securities Co. Ltd. acquired a new stake in shares of First Trust BuyWrite Income ETF during the fourth quarter worth about $28,000. Kestra Investment Management LLC acquired a new stake in First Trust BuyWrite Income ETF during the 4th quarter valued at approximately $50,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of First Trust BuyWrite Income ETF in the 3rd quarter valued at $50,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of First Trust BuyWrite Income ETF in the fourth quarter worth $51,000. Finally, IMG Wealth Management Inc. purchased a new position in shares of First Trust BuyWrite Income ETF during the fourth quarter worth $61,000.

First Trust BuyWrite Income ETF Stock Performance

NASDAQ:FTHI opened at $21.82 on Friday. The firm’s fifty day moving average is $21.55 and its two-hundred day moving average is $22.84. The firm has a market cap of $1.23 billion, a price-to-earnings ratio of 22.26 and a beta of 0.72. First Trust BuyWrite Income ETF has a one year low of $19.07 and a one year high of $24.09.

First Trust BuyWrite Income ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, April 30th. Stockholders of record on Tuesday, April 22nd were paid a $0.163 dividend. The ex-dividend date of this dividend was Tuesday, April 22nd. This represents a $1.96 dividend on an annualized basis and a dividend yield of 8.96%.

First Trust BuyWrite Income ETF Company 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.