First Trust BuyWrite Income ETF $FTHI Shares Newly Acquired by Integrity Alliance LLC.

by · The Markets Daily

Integrity Alliance LLC. purchased a new stake in First Trust BuyWrite Income ETF (NASDAQ:FTHI – Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 28,083 shares of the company’s stock, valued at approximately $662,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. D.A. Davidson & CO. acquired a new stake in shares of First Trust BuyWrite Income ETF in the third quarter valued at approximately $77,977,000. International Assets Investment Management LLC increased its stake in First Trust BuyWrite Income ETF by 1,035.5% during the 3rd quarter. International Assets Investment Management LLC now owns 600,000 shares of the company’s stock worth $14,154,000 after acquiring an additional 547,158 shares during the period. Royal Bank of Canada raised its position in First Trust BuyWrite Income ETF by 22.1% in the 1st quarter. Royal Bank of Canada now owns 2,527,288 shares of the company’s stock valued at $58,001,000 after buying an additional 456,702 shares during the last quarter. Cetera Investment Advisers raised its holdings in First Trust BuyWrite Income ETF by 31.1% during the 1st quarter. Cetera Investment Advisers now owns 1,816,393 shares of the company’s stock valued at $41,686,000 after buying an additional 431,366 shares during the last quarter. Finally, Ameritas Advisory Services LLC increased its holdings in First Trust BuyWrite Income ETF by 652.0% in the 2nd quarter. Ameritas Advisory Services LLC now owns 303,003 shares of the company’s stock worth $7,227,000 after acquiring an additional 262,712 shares in the last quarter.

First Trust BuyWrite Income ETF Price Performance

First Trust BuyWrite Income ETF stock opened at $22.62 on Friday. The stock has a market cap of $2.48 billion, a price-to-earnings ratio of 25.34 and a beta of 0.64. First Trust BuyWrite Income ETF has a 1-year low of $22.37 and a 1-year high of $24.39. The firm has a 50 day simple moving average of $23.67 and a 200-day simple moving average of $23.68.

First Trust BuyWrite Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, October 30th. Shareholders of record on Wednesday, October 21st were issued a dividend of $0.1760 per share. The ex-dividend date of this dividend was Wednesday, October 21st. This represents a $2.11 dividend on an annualized basis and a yield of 9.3%. This is a negative change from First Trust BuyWrite Income ETF’s previous monthly dividend of $0.1790.

First Trust BuyWrite Income ETF Profile

(Free Report)

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.

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