Cwm LLC Raises Holdings in First Trust BuyWrite Income ETF $FTHI

Cwm LLC boosted its stake in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 70.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 530,406 shares of the company’s stock after buying an additional 219,901 shares during the period. Cwm LLC owned 0.76% of First Trust BuyWrite Income ETF worth $12,576,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Bank of Montreal Can purchased a new position in shares of First Trust BuyWrite Income ETF in the 2nd quarter valued at $31,000. Asset Dedication LLC purchased a new position in First Trust BuyWrite Income ETF in the second quarter valued at about $44,000. AdvisorNet Financial Inc grew its stake in First Trust BuyWrite Income ETF by 84.6% in the second quarter. AdvisorNet Financial Inc now owns 3,508 shares of the company’s stock valued at $80,000 after purchasing an additional 1,608 shares during the last quarter. IMG Wealth Management Inc. raised its holdings in First Trust BuyWrite Income ETF by 16.6% in the second quarter. IMG Wealth Management Inc. now owns 4,259 shares of the company’s stock worth $97,000 after purchasing an additional 606 shares in the last quarter. Finally, GPS Wealth Strategies Group LLC lifted its position in shares of First Trust BuyWrite Income ETF by 8.8% during the second quarter. GPS Wealth Strategies Group LLC now owns 8,337 shares of the company’s stock valued at $191,000 after buying an additional 675 shares during the last quarter.

First Trust BuyWrite Income ETF Stock Performance

NASDAQ:FTHI opened at $23.82 on Monday. The company’s 50-day simple moving average is $23.64 and its 200-day simple moving average is $23.37. First Trust BuyWrite Income ETF has a fifty-two week low of $19.07 and a fifty-two week high of $24.03. The stock has a market capitalization of $1.73 billion, a P/E ratio of 25.34 and a beta of 0.64.

First Trust BuyWrite Income ETF Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th will be paid a $0.177 dividend. This represents a c) annualized dividend and a yield of 8.9%. The ex-dividend date is Friday, December 12th.

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.