RFG Advisory LLC Purchases 32,607 Shares of First Trust BuyWrite Income ETF $FTHI

RFG Advisory LLC lifted its position in First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 168.7% in the third quarter, HoldingsChannel.com reports. The firm owned 51,940 shares of the company’s stock after purchasing an additional 32,607 shares during the quarter. RFG Advisory LLC’s holdings in First Trust BuyWrite Income ETF were worth $1,231,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of FTHI. Commonwealth Equity Services LLC lifted its stake in shares of 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. Ergawealth Advisors Inc. raised its holdings in First Trust BuyWrite Income ETF by 203.2% during the third quarter. Ergawealth Advisors Inc. now owns 1,120,410 shares of the company’s stock valued at $26,565,000 after acquiring an additional 750,861 shares during the period. Envestnet Asset Management Inc. lifted its position in shares of First Trust BuyWrite Income ETF by 9.1% in the third quarter. Envestnet Asset Management Inc. now owns 3,248,815 shares of the company’s stock valued at $77,029,000 after acquiring an additional 270,466 shares in the last quarter. CWM LLC boosted its stake in shares of First Trust BuyWrite Income ETF by 70.8% in the third quarter. CWM LLC now owns 530,406 shares of the company’s stock worth $12,576,000 after acquiring an additional 219,901 shares during the period. Finally, HBW Advisory Services LLC purchased a new stake in shares of First Trust BuyWrite Income ETF during the third quarter worth about $5,072,000.

First Trust BuyWrite Income ETF Stock Performance

Shares of FTHI opened at $24.03 on Thursday. The business’s 50 day moving average is $23.78 and its 200 day moving average is $23.60. 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 capitalization of $1.99 billion, a PE ratio of 25.34 and a beta of 0.64.

First Trust BuyWrite Income ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, January 30th. Stockholders of record on Wednesday, January 21st were given a dividend of $0.177 per share. The ex-dividend date was Wednesday, January 21st. This represents a c) annualized dividend and a dividend yield of 8.8%.

About First Trust BuyWrite Income ETF

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.