Ausdal Financial Partners Inc. Has $2.99 Million Stock Holdings in First Trust BuyWrite Income ETF $FTHI

Ausdal Financial Partners Inc. boosted its position in First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 61.4% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 126,285 shares of the company’s stock after buying an additional 48,063 shares during the period. Ausdal Financial Partners Inc. owned approximately 0.17% of First Trust BuyWrite Income ETF worth $2,994,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in FTHI. Bank of America Corp DE grew its stake in First Trust BuyWrite Income ETF by 2,853,800.0% in the third quarter. Bank of America Corp DE now owns 28,539 shares of the company’s stock valued at $677,000 after acquiring an additional 28,538 shares during the period. Ameriprise Financial Inc. increased its holdings in shares of First Trust BuyWrite Income ETF by 4,757.2% during the third quarter. Ameriprise Financial Inc. now owns 528,415 shares of the company’s stock valued at $12,530,000 after acquiring an additional 517,536 shares in the last quarter. Equitable Holdings Inc. raised its position in shares of First Trust BuyWrite Income ETF by 14.2% during the third quarter. Equitable Holdings Inc. now owns 148,041 shares of the company’s stock worth $3,510,000 after purchasing an additional 18,357 shares during the period. Scotia Capital Inc. acquired a new position in shares of First Trust BuyWrite Income ETF during the third quarter worth approximately $507,000. Finally, Regal Investment Advisors LLC lifted its holdings in shares of First Trust BuyWrite Income ETF by 21.1% in the 3rd quarter. Regal Investment Advisors LLC now owns 52,659 shares of the company’s stock worth $1,249,000 after purchasing an additional 9,182 shares in the last quarter.

First Trust BuyWrite Income ETF Trading Down 0.6%

NASDAQ FTHI opened at $23.03 on Monday. The company has a fifty day simple moving average of $23.75 and a 200 day simple moving average of $23.67. First Trust BuyWrite Income ETF has a 12-month low of $19.07 and a 12-month high of $24.18. The company has a market cap of $1.91 billion, a P/E ratio of 25.34 and a beta of 0.64.

First Trust BuyWrite Income ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 20th were paid a $0.177 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 9.2%. The ex-dividend date of this dividend was Friday, February 20th.

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.