30,473 Shares in First Trust BuyWrite Income ETF $FTHI Acquired by Synovus Financial Corp

Synovus Financial Corp purchased 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 disclosure with the Securities & Exchange Commission. The fund purchased 30,473 shares of the company’s stock, valued at approximately $723,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. purchased a new position in shares of First Trust BuyWrite Income ETF during the third quarter worth approximately $27,000. Balboa Wealth Partners raised its position in First Trust BuyWrite Income ETF by 3.0% in the 3rd quarter. Balboa Wealth Partners now owns 52,995 shares of the company’s stock valued at $1,257,000 after purchasing an additional 1,552 shares during the last quarter. Ameritas Advisory Services LLC boosted its stake in First Trust BuyWrite Income ETF by 3.6% during the 3rd quarter. Ameritas Advisory Services LLC now owns 242,339 shares of the company’s stock worth $5,746,000 after purchasing an additional 8,471 shares during the period. Atria Investments Inc purchased a new position in First Trust BuyWrite Income ETF during the 3rd quarter worth $2,383,000. Finally, Seaview Investment Managers LLC purchased a new position in First Trust BuyWrite Income ETF during the 3rd quarter worth $592,000.

First Trust BuyWrite Income ETF Stock Performance

Shares of NASDAQ:FTHI opened at $23.87 on Monday. The company has a 50-day simple moving average of $23.79 and a 200-day simple moving average of $23.64. First Trust BuyWrite Income ETF has a one year low of $19.07 and a one year high of $24.18. The stock has a market capitalization of $1.98 billion, a price-to-earnings ratio of 25.34 and a beta of 0.64.

First Trust BuyWrite Income ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Shareholders of record on Friday, February 20th will be paid a dividend of $0.177 per share. The ex-dividend date of this dividend is Friday, February 20th. This represents a c) annualized dividend and a yield of 8.9%.

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.