First Trust BuyWrite Income ETF $FTHI Shares Bought by D.A. Davidson & CO.

D.A. Davidson & CO. boosted its holdings in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 6.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,804,828 shares of the company’s stock after buying an additional 180,961 shares during the period. D.A. Davidson & CO. owned approximately 3.43% of First Trust BuyWrite Income ETF worth $66,250,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. increased its position in First Trust BuyWrite Income ETF by 9.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 3,248,815 shares of the company’s stock valued at $77,029,000 after buying an additional 270,466 shares in the last quarter. Ergawealth Advisors Inc. increased its position in First Trust BuyWrite Income ETF by 87.2% during the 4th quarter. Ergawealth Advisors Inc. now owns 2,097,358 shares of the company’s stock valued at $49,540,000 after buying an additional 976,948 shares in the last quarter. Commonwealth Equity Services LLC increased its position in First Trust BuyWrite Income ETF by 140.7% during the 3rd quarter. Commonwealth Equity Services LLC now owns 1,545,547 shares of the company’s stock valued at $36,645,000 after buying an additional 903,553 shares in the last quarter. CWM LLC increased its position in First Trust BuyWrite Income ETF by 24.2% during the 4th quarter. CWM LLC now owns 658,785 shares of the company’s stock valued at $15,560,000 after buying an additional 128,379 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its position in First Trust BuyWrite Income ETF by 4,757.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 528,415 shares of the company’s stock valued at $12,530,000 after buying an additional 517,536 shares in the last quarter.

First Trust BuyWrite Income ETF Price Performance

Shares of NASDAQ:FTHI opened at $23.61 on Monday. The business’s 50-day moving average is $23.40 and its 200 day moving average is $23.60. First Trust BuyWrite Income ETF has a 1 year low of $21.23 and a 1 year high of $24.18. The firm has a market capitalization of $2.14 billion, a P/E ratio of 25.34 and a beta of 0.64.

First Trust BuyWrite Income ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Thursday, April 30th. Shareholders of record on Tuesday, April 21st will be paid a dividend of $0.172 per share. The ex-dividend date is Tuesday, April 21st.

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.