Concurrent Investment Advisors LLC Has $3.96 Million Stake in First Trust BuyWrite Income ETF $FTHI

Concurrent Investment Advisors LLC lifted its stake in First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 14.4% in the second quarter, Holdings Channel.com reports. The firm owned 165,981 shares of the company’s stock after acquiring an additional 20,942 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in First Trust BuyWrite Income ETF were worth $3,959,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in FTHI. AQR Capital Management LLC acquired a new position in First Trust BuyWrite Income ETF in the 1st quarter valued at approximately $497,000. NewEdge Advisors LLC lifted its position in 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 in the last quarter. Goldman Sachs Group Inc. acquired a new stake in shares of First Trust BuyWrite Income ETF during the 1st quarter valued at $901,000. Jane Street Group LLC boosted its stake in shares of First Trust BuyWrite Income ETF by 13.0% during 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, First Trust Advisors LP acquired a new stake in shares of First Trust BuyWrite Income ETF during the 2nd quarter valued at $635,000.

First Trust BuyWrite Income ETF Price Performance

First Trust BuyWrite Income ETF stock opened at $24.01 on Tuesday. First Trust BuyWrite Income ETF has a 12 month low of $22.37 and a 12 month high of $24.39. The stock has a market cap of $2.44 billion, a P/E ratio of 25.34 and a beta of 0.62. The company’s fifty day simple moving average is $23.87 and its 200-day simple moving average is $23.68.

First Trust BuyWrite Income ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, August 31st. Investors of record on Friday, August 21st were given a dividend of $0.179 per share. The ex-dividend date of this dividend was Friday, August 21st. This represents a c) dividend on an annualized basis 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.