RFG Advisory LLC Grows Stake in First Trust BuyWrite Income ETF $FTHI

RFG Advisory LLC lifted its position in First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 57.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 115,048 shares of the company’s stock after purchasing an additional 41,928 shares during the quarter. RFG Advisory LLC owned about 0.13% of First Trust BuyWrite Income ETF worth $2,640,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. LPL Financial LLC boosted its stake in First Trust BuyWrite Income ETF by 19.6% during the fourth quarter. LPL Financial LLC now owns 9,018,353 shares of the company’s stock valued at $213,013,000 after buying an additional 1,478,322 shares during the period. Royal Bank of Canada increased its stake in First Trust BuyWrite Income ETF by 144.9% in the 4th quarter. Royal Bank of Canada now owns 2,070,586 shares of the company’s stock worth $48,907,000 after acquiring an additional 1,225,201 shares during the last quarter. Ergawealth Advisors Inc. increased its stake in First Trust BuyWrite Income ETF by 87.2% in the 4th quarter. Ergawealth Advisors Inc. now owns 2,097,358 shares of the company’s stock worth $49,540,000 after acquiring an additional 976,948 shares during the last quarter. Wells Fargo & Company MN raised its holdings in shares of First Trust BuyWrite Income ETF by 10.8% in the 4th quarter. Wells Fargo & Company MN now owns 6,444,777 shares of the company’s stock valued at $152,226,000 after acquiring an additional 626,512 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its holdings in shares of First Trust BuyWrite Income ETF by 4,757.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 528,415 shares of the company’s stock valued at $12,530,000 after acquiring an additional 517,536 shares in the last quarter.

First Trust BuyWrite Income ETF Trading Down 0.5%

Shares of FTHI opened at $23.45 on Friday. First Trust BuyWrite Income ETF has a 12-month low of $22.37 and a 12-month high of $24.18. The company has a market cap of $2.11 billion, a PE ratio of 25.34 and a beta of 0.62. The stock has a 50-day moving average price of $23.75 and a 200-day moving average price of $23.64.

First Trust BuyWrite Income ETF Dividend Announcement

The business also recently announced a dividend, which will be paid on Tuesday, June 30th. Investors of record on Thursday, June 25th will be paid a $0.172 dividend. The ex-dividend date of this dividend is Thursday, June 25th.

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.