10,957 Shares in First Trust BuyWrite Income ETF $FTHI Acquired by DAVENPORT & Co LLC

DAVENPORT & Co LLC bought a new stake in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 10,957 shares of the company’s stock, valued at approximately $250,000.

A number of other institutional investors have also added to or reduced their stakes in FTHI. Envestnet Asset Management Inc. grew its holdings in First Trust BuyWrite Income ETF by 820.0% during the 1st quarter. Envestnet Asset Management Inc. now owns 3,027,842 shares of the company’s stock valued at $66,189,000 after buying an additional 2,698,727 shares in the last quarter. D.A. Davidson & CO. lifted its position in shares of First Trust BuyWrite Income ETF by 2,124.1% during the first quarter. D.A. Davidson & CO. now owns 2,406,024 shares of the company’s stock worth $52,596,000 after purchasing an additional 2,297,845 shares during the last quarter. LPL Financial LLC lifted its position in shares of First Trust BuyWrite Income ETF by 18.7% during the first quarter. LPL Financial LLC now owns 6,559,349 shares of the company’s stock worth $143,387,000 after purchasing an additional 1,033,980 shares during the last quarter. Raymond James Financial Inc. raised its holdings in shares of First Trust BuyWrite Income ETF by 27.3% in the first quarter. Raymond James Financial Inc. now owns 3,069,881 shares of the company’s stock valued at $67,108,000 after acquiring an additional 659,083 shares in the last quarter. Finally, Ergawealth Advisors Inc. bought a new stake in shares of First Trust BuyWrite Income ETF in the second quarter valued at about $8,444,000.

First Trust BuyWrite Income ETF Stock Performance

Shares of First Trust BuyWrite Income ETF stock opened at $23.65 on Tuesday. The company has a 50-day simple moving average of $23.47 and a two-hundred day simple moving average of $22.58. 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 capitalization of $1.65 billion, a PE ratio of 25.34 and a beta of 0.72.

First Trust BuyWrite Income ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were issued a dividend of $0.171 per share. The ex-dividend date was Thursday, September 25th. This represents a c) annualized dividend and a dividend yield of 8.7%.

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.