Janney Montgomery Scott LLC Increases Stock Holdings in First Trust BuyWrite Income ETF (NASDAQ:FTHI)

Janney Montgomery Scott LLC increased its stake in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 8.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 251,305 shares of the company’s stock after acquiring an additional 18,653 shares during the quarter. Janney Montgomery Scott LLC owned about 0.60% of First Trust BuyWrite Income ETF worth $5,785,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in FTHI. Gladstone Institutional Advisory LLC raised its position in First Trust BuyWrite Income ETF by 9.1% in the 3rd quarter. Gladstone Institutional Advisory LLC now owns 13,891 shares of the company’s stock valued at $320,000 after purchasing an additional 1,161 shares during the last quarter. J.W. Cole Advisors Inc. raised its holdings in shares of First Trust BuyWrite Income ETF by 18.6% in the third quarter. J.W. Cole Advisors Inc. now owns 11,633 shares of the company’s stock valued at $268,000 after buying an additional 1,821 shares during the last quarter. Merkkuri Wealth Advisors LLC boosted its stake in shares of First Trust BuyWrite Income ETF by 21.0% during the third quarter. Merkkuri Wealth Advisors LLC now owns 91,803 shares of the company’s stock worth $2,113,000 after buying an additional 15,918 shares during the period. American Institute for Advanced Investment Management LLP grew its holdings in shares of First Trust BuyWrite Income ETF by 6.8% during the third quarter. American Institute for Advanced Investment Management LLP now owns 55,410 shares of the company’s stock worth $1,276,000 after buying an additional 3,535 shares during the last quarter. Finally, Private Advisor Group LLC grew its holdings in shares of First Trust BuyWrite Income ETF by 3.6% during the third quarter. Private Advisor Group LLC now owns 28,654 shares of the company’s stock worth $660,000 after buying an additional 985 shares during the last quarter.

First Trust BuyWrite Income ETF Stock Up 0.3 %

FTHI opened at $23.82 on Friday. First Trust BuyWrite Income ETF has a 52 week low of $20.50 and a 52 week high of $23.84. The business has a 50 day moving average price of $23.02 and a two-hundred day moving average price of $22.64. The company has a market cap of $1.00 billion, a PE ratio of 18.59 and a beta of 0.72.

First Trust BuyWrite Income ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, October 31st. Investors of record on Tuesday, October 22nd were given a $0.172 dividend. The ex-dividend date of this dividend was Tuesday, October 22nd. This represents a $2.06 dividend on an annualized basis and a yield of 8.66%.

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.