TFB Advisors LLC Acquires 11,338 Shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI)

TFB Advisors LLC boosted its holdings in First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 48.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,639 shares of the company’s stock after acquiring an additional 11,338 shares during the quarter. TFB Advisors LLC owned 0.07% of First Trust BuyWrite Income ETF worth $806,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in FTHI. LPL Financial LLC lifted its position in First Trust BuyWrite Income ETF by 22.7% in the 3rd quarter. LPL Financial LLC now owns 4,753,553 shares of the company’s stock valued at $109,427,000 after acquiring an additional 880,921 shares in the last quarter. CreativeOne Wealth LLC purchased a new stake in First Trust BuyWrite Income ETF during the 3rd quarter valued at $5,665,000. JPMorgan Chase & Co. raised its stake in First Trust BuyWrite Income ETF by 138,919.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 182,116 shares of the company’s stock valued at $4,192,000 after buying an additional 181,985 shares during the last quarter. Stifel Financial Corp raised its stake in First Trust BuyWrite Income ETF by 38.4% during the 3rd quarter. Stifel Financial Corp now owns 645,420 shares of the company’s stock valued at $14,858,000 after buying an additional 178,982 shares during the last quarter. Finally, Elevation Wealth Partners LLC raised its stake in First Trust BuyWrite Income ETF by 649.2% during the 4th quarter. Elevation Wealth Partners LLC now owns 173,382 shares of the company’s stock valued at $4,112,000 after buying an additional 150,240 shares during the last quarter.

First Trust BuyWrite Income ETF Trading Up 0.2 %

Shares of FTHI opened at $23.70 on Wednesday. The firm has a market cap of $1.17 billion, a PE ratio of 18.59 and a beta of 0.72. The firm has a fifty day simple moving average of $23.56 and a two-hundred day simple moving average of $23.19. First Trust BuyWrite Income ETF has a 1-year low of $20.96 and a 1-year high of $24.09.

First Trust BuyWrite Income ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, January 31st. Shareholders of record on Wednesday, January 22nd were paid a dividend of $0.174 per share. The ex-dividend date was Wednesday, January 22nd. This is a positive change from First Trust BuyWrite Income ETF’s previous dividend of $0.17.

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.