Private Advisor Group LLC Buys 3,441 Shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI)

Private Advisor Group LLC increased its position in First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 14.2% during the second quarter, HoldingsChannel.com reports. The firm owned 27,669 shares of the company’s stock after acquiring an additional 3,441 shares during the quarter. Private Advisor Group LLC’s holdings in First Trust BuyWrite Income ETF were worth $622,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Raleigh Capital Management Inc. raised its stake in shares of First Trust BuyWrite Income ETF by 24.6% in the fourth quarter. Raleigh Capital Management Inc. now owns 3,546 shares of the company’s stock worth $76,000 after purchasing an additional 700 shares during the last quarter. GPS Wealth Strategies Group LLC bought a new position in First Trust BuyWrite Income ETF during the 2nd quarter valued at about $97,000. Parallel Advisors LLC purchased a new stake in shares of First Trust BuyWrite Income ETF during the 4th quarter valued at about $121,000. Valley Brook Capital Group Inc. bought a new stake in shares of First Trust BuyWrite Income ETF in the second quarter worth approximately $215,000. Finally, Kingswood Wealth Advisors LLC purchased a new position in shares of First Trust BuyWrite Income ETF during the second quarter valued at approximately $256,000.

First Trust BuyWrite Income ETF Stock Down 0.1 %

Shares of First Trust BuyWrite Income ETF stock opened at $22.88 on Wednesday. First Trust BuyWrite Income ETF has a twelve month low of $19.56 and a twelve month high of $22.97. The company’s 50 day moving average is $22.53 and its 200 day moving average is $22.41. The company has a market cap of $800.11 million, a price-to-earnings ratio of 18.59 and a beta of 0.72.

First Trust BuyWrite Income ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, August 30th. Stockholders of record on Wednesday, August 21st were issued a dividend of $0.168 per share. The ex-dividend date was Wednesday, August 21st. This represents a $2.02 annualized dividend and a dividend yield of 8.81%.

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.