Gentry Private Wealth LLC Has $714,000 Holdings in First Trust BuyWrite Income ETF $FTHI

Gentry Private Wealth LLC grew its holdings in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 2.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 31,258 shares of the company’s stock after acquiring an additional 786 shares during the quarter. First Trust BuyWrite Income ETF accounts for approximately 0.5% of Gentry Private Wealth LLC’s investment portfolio, making the stock its 27th largest position. Gentry Private Wealth LLC owned 0.05% of First Trust BuyWrite Income ETF worth $714,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in FTHI. NBC Securities Inc. bought a new position in shares of First Trust BuyWrite Income ETF during the first quarter worth about $35,000. SBI Securities Co. Ltd. boosted its position in shares of First Trust BuyWrite Income ETF by 45.1% during the 1st quarter. SBI Securities Co. Ltd. now owns 1,719 shares of the company’s stock valued at $38,000 after purchasing an additional 534 shares in the last quarter. IMG Wealth Management Inc. grew its stake in First Trust BuyWrite Income ETF by 38.7% during the first quarter. IMG Wealth Management Inc. now owns 3,653 shares of the company’s stock worth $80,000 after purchasing an additional 1,020 shares during the period. AdvisorNet Financial Inc lifted its stake in First Trust BuyWrite Income ETF by 84.6% in the second quarter. AdvisorNet Financial Inc now owns 3,508 shares of the company’s stock valued at $80,000 after buying an additional 1,608 shares during the period. Finally, GPS Wealth Strategies Group LLC boosted its holdings in shares of First Trust BuyWrite Income ETF by 39.4% during the 1st quarter. GPS Wealth Strategies Group LLC now owns 7,662 shares of the company’s stock worth $167,000 after buying an additional 2,164 shares in the last quarter.

First Trust BuyWrite Income ETF Trading Up 0.2%

NASDAQ:FTHI opened at $23.76 on Tuesday. First Trust BuyWrite Income ETF has a 12 month low of $19.07 and a 12 month high of $24.09. The stock has a market capitalization of $1.64 billion, a price-to-earnings ratio of 25.34 and a beta of 0.72. The firm has a fifty day simple moving average of $23.41 and a two-hundred day simple moving average of $22.54.

First Trust BuyWrite Income ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were given a $0.171 dividend. This represents a c) dividend on an annualized basis and a yield of 8.6%. The ex-dividend date of this dividend was Thursday, September 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.