D.A. Davidson & CO. Acquires 137,478 Shares of First Trust BuyWrite Income ETF $FTHI

D.A. Davidson & CO. grew its holdings in First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 5.5% during the third quarter, Holdings Channel reports. The firm owned 2,623,867 shares of the company’s stock after acquiring an additional 137,478 shares during the quarter. D.A. Davidson & CO.’s holdings in First Trust BuyWrite Income ETF were worth $62,212,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Private Client Services LLC increased its holdings in First Trust BuyWrite Income ETF by 3.9% in the third quarter. Private Client Services LLC now owns 16,080 shares of the company’s stock worth $381,000 after purchasing an additional 597 shares in the last quarter. IMG Wealth Management Inc. grew its position in shares of First Trust BuyWrite Income ETF by 16.6% during the 2nd quarter. IMG Wealth Management Inc. now owns 4,259 shares of the company’s stock worth $97,000 after buying an additional 606 shares during the period. GoalVest Advisory LLC increased its stake in shares of First Trust BuyWrite Income ETF by 82.2% in the 3rd quarter. GoalVest Advisory LLC now owns 1,481 shares of the company’s stock valued at $35,000 after acquiring an additional 668 shares in the last quarter. GPS Wealth Strategies Group LLC lifted its position in shares of First Trust BuyWrite Income ETF by 8.8% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 8,337 shares of the company’s stock valued at $191,000 after acquiring an additional 675 shares during the period. Finally, Brookstone Capital Management boosted its stake in First Trust BuyWrite Income ETF by 1.8% during the third quarter. Brookstone Capital Management now owns 43,024 shares of the company’s stock worth $1,020,000 after acquiring an additional 743 shares in the last quarter.

First Trust BuyWrite Income ETF Trading Up 0.6%

FTHI opened at $23.75 on Monday. First Trust BuyWrite Income ETF has a 1-year low of $19.07 and a 1-year high of $24.03. The company has a market cap of $1.85 billion, a P/E ratio of 25.34 and a beta of 0.64. The company has a fifty day moving average price of $23.64 and a two-hundred day moving average price of $23.41.

First Trust BuyWrite Income ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were issued a $0.177 dividend. The ex-dividend date was Friday, December 12th. This represents a c) annualized dividend and a yield of 8.9%.

First Trust BuyWrite Income ETF Company 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.