Dunhill Financial LLC Decreases Position in First Trust BuyWrite Income ETF $FTHI

Dunhill Financial LLC decreased its holdings in First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 64.6% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,290 shares of the company’s stock after selling 35,255 shares during the quarter. Dunhill Financial LLC’s holdings in First Trust BuyWrite Income ETF were worth $457,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. raised its stake in 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 buying an additional 270,466 shares during the last quarter. D.A. Davidson & CO. increased its holdings in shares of First Trust BuyWrite Income ETF by 5.5% during the third quarter. D.A. Davidson & CO. now owns 2,623,867 shares of the company’s stock valued at $62,212,000 after acquiring an additional 137,478 shares in the last quarter. Commonwealth Equity Services LLC raised its position in shares of First Trust BuyWrite Income ETF by 140.7% in the 3rd quarter. Commonwealth Equity Services LLC now owns 1,545,547 shares of the company’s stock valued at $36,645,000 after purchasing an additional 903,553 shares during the last quarter. Ergawealth Advisors Inc. raised its position in shares of First Trust BuyWrite Income ETF by 203.2% in the 3rd quarter. Ergawealth Advisors Inc. now owns 1,120,410 shares of the company’s stock valued at $26,565,000 after purchasing an additional 750,861 shares during the last quarter. Finally, Cetera Investment Advisers boosted its stake in First Trust BuyWrite Income ETF by 0.9% in the 2nd quarter. Cetera Investment Advisers now owns 698,676 shares of the company’s stock worth $15,965,000 after purchasing an additional 6,492 shares in the last quarter.

First Trust BuyWrite Income ETF Trading Down 0.7%

NASDAQ:FTHI opened at $23.67 on Friday. First Trust BuyWrite Income ETF has a twelve month low of $19.07 and a twelve month high of $24.18. The company has a market cap of $1.97 billion, a PE ratio of 25.34 and a beta of 0.64. The company’s 50 day moving average is $23.82 and its two-hundred day moving average is $23.65.

First Trust BuyWrite Income ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Friday, February 20th were issued a dividend of $0.177 per share. The ex-dividend date of this dividend was Friday, February 20th. This represents a c) dividend on an annualized basis and a dividend yield of 9.0%.

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.