First Trust BuyWrite Income ETF $FTHI Shares Bought by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. lifted its holdings in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 341.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 173,673 shares of the company’s stock after acquiring an additional 134,303 shares during the quarter. Envestnet Portfolio Solutions Inc. owned about 0.24% of First Trust BuyWrite Income ETF worth $4,118,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Bank of Montreal Can acquired a new position in shares of First Trust BuyWrite Income ETF during the second quarter worth about $31,000. GoalVest Advisory LLC raised its holdings in shares of First Trust BuyWrite Income ETF by 82.2% during the 3rd quarter. GoalVest Advisory LLC now owns 1,481 shares of the company’s stock valued at $35,000 after buying an additional 668 shares during the period. CX Institutional acquired a new position in First Trust BuyWrite Income ETF during the 3rd quarter worth approximately $36,000. Asset Dedication LLC acquired a new position in First Trust BuyWrite Income ETF during the 2nd quarter worth approximately $44,000. Finally, IMG Wealth Management Inc. boosted its holdings in First Trust BuyWrite Income ETF by 16.6% in the 2nd quarter. IMG Wealth Management Inc. now owns 4,259 shares of the company’s stock worth $97,000 after acquiring an additional 606 shares during the period.

First Trust BuyWrite Income ETF Stock Up 0.1%

Shares of NASDAQ:FTHI opened at $23.75 on Monday. The company has a market capitalization of $1.92 billion, a price-to-earnings ratio of 25.34 and a beta of 0.64. The company has a 50 day moving average of $23.67 and a two-hundred day moving average of $23.52. First Trust BuyWrite Income ETF has a 52-week low of $19.07 and a 52-week high of $24.03.

First Trust BuyWrite Income ETF Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, January 30th. Investors of record on Wednesday, January 21st will be paid a dividend of $0.177 per share. The ex-dividend date of this dividend is Wednesday, January 21st. This represents a c) annualized dividend and a yield of 8.9%.

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.