First Trust BuyWrite Income ETF (FTHI) to Issue Monthly Dividend of $0.18 on February 27th

First Trust BuyWrite Income ETF (NASDAQ:FTHI) declared a monthly dividend on Thursday, February 19th. Shareholders of record on Friday, February 20th will be paid a dividend of 0.177 per share on Friday, February 27th. This represents a c) annualized dividend and a yield of 8.9%. The ex-dividend date is Friday, February 20th.

First Trust BuyWrite Income ETF Price Performance

Shares of FTHI stock opened at $23.87 on Friday. First Trust BuyWrite Income ETF has a one year low of $19.07 and a one year high of $24.18. The stock has a fifty day moving average price of $23.79 and a 200 day moving average price of $23.64. The stock has a market cap of $1.98 billion, a P/E ratio of 25.34 and a beta of 0.64.

Institutional Trading of First Trust BuyWrite Income ETF

Several hedge funds have recently modified their holdings of FTHI. NewEdge Advisors LLC grew its holdings in shares of First Trust BuyWrite Income ETF by 1.8% during the fourth quarter. NewEdge Advisors LLC now owns 65,479 shares of the company’s stock worth $1,547,000 after purchasing an additional 1,148 shares during the last quarter. KKM Financial LLC acquired a new position in First Trust BuyWrite Income ETF during the 4th quarter worth about $351,000. Quadrature Capital Ltd bought a new stake in First Trust BuyWrite Income ETF during the 4th quarter worth about $427,000. Cetera Investment Advisers grew its holdings in First Trust BuyWrite Income ETF by 16.3% during the 4th quarter. Cetera Investment Advisers now owns 1,385,027 shares of the company’s stock worth $32,714,000 after acquiring an additional 193,961 shares during the last quarter. Finally, Equitable Holdings Inc. increased its position in First Trust BuyWrite Income ETF by 25.8% in the 4th quarter. Equitable Holdings Inc. now owns 186,167 shares of the company’s stock valued at $4,397,000 after acquiring an additional 38,126 shares in the last quarter.

About First Trust BuyWrite Income ETF

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.