Stratos Wealth Partners LTD. Buys New Holdings in First Trust BuyWrite Income ETF (NASDAQ:FTHI)

Stratos Wealth Partners LTD. bought a new stake in First Trust BuyWrite Income ETF (NASDAQ:FTHI) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 9,298 shares of the company’s stock, valued at approximately $203,000.

A number of other large investors also recently bought and sold shares of FTHI. Envestnet Asset Management Inc. lifted its holdings in First Trust BuyWrite Income ETF by 820.0% in the first quarter. Envestnet Asset Management Inc. now owns 3,027,842 shares of the company’s stock valued at $66,189,000 after acquiring an additional 2,698,727 shares during the period. D.A. Davidson & CO. raised its stake in shares of First Trust BuyWrite Income ETF by 2,124.1% during the 1st quarter. D.A. Davidson & CO. now owns 2,406,024 shares of the company’s stock worth $52,596,000 after buying an additional 2,297,845 shares during the period. LPL Financial LLC raised its stake in shares of First Trust BuyWrite Income ETF by 16.2% during the 4th quarter. LPL Financial LLC now owns 5,525,369 shares of the company’s stock worth $128,575,000 after buying an additional 771,816 shares during the period. Wells Fargo & Company MN raised its stake in First Trust BuyWrite Income ETF by 16.3% in the 4th quarter. Wells Fargo & Company MN now owns 3,366,643 shares of the company’s stock valued at $78,342,000 after purchasing an additional 470,916 shares during the last quarter. Finally, Janney Montgomery Scott LLC raised its stake in First Trust BuyWrite Income ETF by 108.0% in the 1st quarter. Janney Montgomery Scott LLC now owns 692,936 shares of the company’s stock valued at $15,148,000 after purchasing an additional 359,856 shares during the last quarter.

First Trust BuyWrite Income ETF Stock Performance

NASDAQ FTHI opened at $22.98 on Thursday. The business has a fifty day moving average price of $22.46 and a 200 day moving average price of $22.46. First Trust BuyWrite Income ETF has a one year low of $19.07 and a one year high of $24.09. The company has a market cap of $1.38 billion, a P/E ratio of 25.34 and a beta of 0.72.

First Trust BuyWrite Income ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Monday, June 30th. Shareholders of record on Thursday, June 26th were issued a $0.163 dividend. This represents a $1.96 annualized dividend and a yield of 8.51%. The ex-dividend date of this dividend was Thursday, June 26th.

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.