Fermata Advisors LLC Purchases Shares of 39,386 First Trust BuyWrite Income ETF $FTHI

Fermata Advisors LLC acquired a new position in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 39,386 shares of the company’s stock, valued at approximately $934,000. Fermata Advisors LLC owned about 0.06% of First Trust BuyWrite Income ETF at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Raymond James Financial Inc. raised its holdings in shares of First Trust BuyWrite Income ETF by 27.3% in the 1st quarter. Raymond James Financial Inc. now owns 3,069,881 shares of the company’s stock worth $67,108,000 after acquiring an additional 659,083 shares during the last quarter. Ergawealth Advisors Inc. bought a new stake in First Trust BuyWrite Income ETF during the 2nd quarter worth approximately $8,444,000. RiverTree Advisors LLC raised its stake in shares of First Trust BuyWrite Income ETF by 182.0% in the second quarter. RiverTree Advisors LLC now owns 201,047 shares of the company’s stock worth $4,594,000 after purchasing an additional 129,751 shares during the last quarter. Royal Bank of Canada lifted its holdings in shares of First Trust BuyWrite Income ETF by 18.7% in the first quarter. Royal Bank of Canada now owns 684,753 shares of the company’s stock valued at $14,969,000 after purchasing an additional 107,728 shares in the last quarter. Finally, Tradewinds LLC. purchased a new position in shares of First Trust BuyWrite Income ETF during the second quarter valued at approximately $2,259,000.

First Trust BuyWrite Income ETF Trading Up 0.7%

Shares of First Trust BuyWrite Income ETF stock opened at $23.42 on Friday. The company has a market capitalization of $1.70 billion, a P/E ratio of 25.34 and a beta of 0.64. The stock has a fifty day simple moving average of $23.62 and a 200 day simple moving average of $23.30. First Trust BuyWrite Income ETF has a 12-month low of $19.07 and a 12-month high of $24.03.

First Trust BuyWrite Income ETF Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th will be issued a $0.177 dividend. The ex-dividend date is Friday, December 12th. This represents a c) annualized dividend and a dividend yield of 9.1%.

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.