HUB Investment Partners LLC Acquires Shares of 363,278 First Trust BuyWrite Income ETF $FTHI

HUB Investment Partners LLC acquired a new position in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund acquired 363,278 shares of the company’s stock, valued at approximately $8,613,000. HUB Investment Partners LLC owned about 0.50% of First Trust BuyWrite Income ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in FTHI. JPMorgan Chase & Co. acquired a new stake in shares of First Trust BuyWrite Income ETF during the third quarter worth approximately $27,000. Bank of Montreal Can acquired a new stake in First Trust BuyWrite Income ETF in the second quarter valued at $31,000. GoalVest Advisory LLC boosted its stake in First Trust BuyWrite Income ETF by 82.2% during the 3rd quarter. GoalVest Advisory LLC now owns 1,481 shares of the company’s stock valued at $35,000 after acquiring an additional 668 shares during the last quarter. CX Institutional bought a new position in First Trust BuyWrite Income ETF during the 3rd quarter valued at $36,000. Finally, Asset Dedication LLC acquired a new position in First Trust BuyWrite Income ETF during the 2nd quarter worth $44,000.

First Trust BuyWrite Income ETF Stock Performance

FTHI opened at $23.18 on Friday. The company has a 50-day moving average of $23.79 and a 200-day moving average of $23.66. The company has a market capitalization of $1.92 billion, a P/E ratio of 25.34 and a beta of 0.64. First Trust BuyWrite Income ETF has a 1-year low of $19.07 and a 1-year high of $24.18.

First Trust BuyWrite Income ETF Announces Dividend

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