First Trust BuyWrite Income ETF (NASDAQ:FTHI) Shares Acquired by Cedrus LLC

Cedrus LLC increased its stake in First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 108.8% during the 3rd quarter, Holdings Channel.com reports. The fund owned 55,858 shares of the company’s stock after buying an additional 29,102 shares during the period. Cedrus LLC’s holdings in First Trust BuyWrite Income ETF were worth $1,286,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of FTHI. Private Advisor Group LLC raised its stake in shares of First Trust BuyWrite Income ETF by 3.3% during the first quarter. Private Advisor Group LLC now owns 24,228 shares of the company’s stock valued at $544,000 after purchasing an additional 768 shares during the period. Benjamin F. Edwards & Company Inc. raised its stake in shares of First Trust BuyWrite Income ETF by 9.5% during the first quarter. Benjamin F. Edwards & Company Inc. now owns 12,058 shares of the company’s stock valued at $271,000 after purchasing an additional 1,047 shares during the period. Brookstone Capital Management raised its stake in shares of First Trust BuyWrite Income ETF by 3.9% during the third quarter. Brookstone Capital Management now owns 30,391 shares of the company’s stock valued at $700,000 after purchasing an additional 1,147 shares during the period. Quad Cities Investment Group LLC raised its stake in shares of First Trust BuyWrite Income ETF by 3.7% during the third quarter. Quad Cities Investment Group LLC now owns 33,265 shares of the company’s stock valued at $766,000 after purchasing an additional 1,193 shares during the period. Finally, Perigon Wealth Management LLC raised its stake in shares of First Trust BuyWrite Income ETF by 9.9% during the first quarter. Perigon Wealth Management LLC now owns 13,755 shares of the company’s stock valued at $309,000 after purchasing an additional 1,235 shares during the period.

First Trust BuyWrite Income ETF Trading Up 0.3 %

Shares of NASDAQ:FTHI opened at $23.40 on Friday. The company has a fifty day simple moving average of $22.84 and a 200 day simple moving average of $22.53. The firm has a market cap of $964.55 million, a PE ratio of 18.59 and a beta of 0.72. First Trust BuyWrite Income ETF has a 12-month low of $19.56 and a 12-month high of $23.41.

First Trust BuyWrite Income ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a $0.168 dividend. This represents a $2.02 dividend on an annualized basis and a yield of 8.62%. The ex-dividend date was Thursday, September 26th.

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.