HUB Investment Partners LLC Invests $8.61 Million in First Trust BuyWrite Income ETF $FTHI

HUB Investment Partners LLC purchased a new stake in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 363,278 shares of the company’s stock, valued at approximately $8,613,000.

Several other large investors have also recently added to or reduced their stakes in the company. AQR Capital Management LLC bought a new stake in First Trust BuyWrite Income ETF during the first quarter valued at $497,000. NewEdge Advisors LLC lifted its position in shares of First Trust BuyWrite Income ETF by 31.9% in the 1st quarter. NewEdge Advisors LLC now owns 45,052 shares of the company’s stock worth $985,000 after buying an additional 10,903 shares during the last quarter. Goldman Sachs Group Inc. acquired a new position in shares of First Trust BuyWrite Income ETF in the 1st quarter valued at about $901,000. Jane Street Group LLC boosted its holdings in shares of First Trust BuyWrite Income ETF by 13.0% in the 1st quarter. Jane Street Group LLC now owns 84,413 shares of the company’s stock valued at $1,845,000 after buying an additional 9,736 shares during the period. Finally, Bank of Montreal Can bought a new stake in shares of First Trust BuyWrite Income ETF during the 2nd quarter valued at about $31,000.

First Trust BuyWrite Income ETF Stock Down 1.3%

FTHI opened at $23.18 on Friday. The company’s 50-day moving average price is $23.79 and its 200 day moving average price is $23.66. First Trust BuyWrite Income ETF has a fifty-two week low of $19.07 and a fifty-two week high of $24.18. The firm has a market cap of $1.92 billion, a price-to-earnings ratio of 25.34 and a beta of 0.64.

First Trust BuyWrite Income ETF Dividend Announcement

The business also recently announced 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) annualized dividend and a dividend yield of 9.2%.

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.