Sigma Planning Corp Raises Position in First Trust BuyWrite Income ETF (NASDAQ:FTHI)

Sigma Planning Corp raised its holdings in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 23.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,089 shares of the company’s stock after buying an additional 2,083 shares during the quarter. Sigma Planning Corp’s holdings in First Trust BuyWrite Income ETF were worth $255,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. US Bancorp DE bought a new position in shares of First Trust BuyWrite Income ETF in the 1st quarter worth $582,000. Independent Wealth Network Inc. increased its stake in First Trust BuyWrite Income ETF by 91.9% in the first quarter. Independent Wealth Network Inc. now owns 20,248 shares of the company’s stock valued at $455,000 after acquiring an additional 9,696 shares during the last quarter. ARQ Wealth Advisors LLC purchased a new stake in First Trust BuyWrite Income ETF during the first quarter valued at about $1,209,000. Cetera Investment Advisers lifted its stake in First Trust BuyWrite Income ETF by 1,256.3% during the first quarter. Cetera Investment Advisers now owns 418,953 shares of the company’s stock worth $9,414,000 after purchasing an additional 388,064 shares during the last quarter. Finally, Cetera Advisors LLC boosted its holdings in shares of First Trust BuyWrite Income ETF by 103.7% in the 1st quarter. Cetera Advisors LLC now owns 344,549 shares of the company’s stock worth $7,742,000 after purchasing an additional 175,363 shares in the last quarter.

First Trust BuyWrite Income ETF Trading Down 1.0 %

Shares of NASDAQ FTHI opened at $23.47 on Friday. The stock’s 50-day moving average is $23.13 and its 200 day moving average is $22.71. The stock has a market cap of $986.21 million, a price-to-earnings ratio of 18.59 and a beta of 0.72. First Trust BuyWrite Income ETF has a 1-year low of $20.78 and a 1-year high of $23.90.

First Trust BuyWrite Income ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Thursday, October 31st. Shareholders of record on Tuesday, October 22nd were paid a dividend of $0.172 per share. This represents a $2.06 annualized dividend and a dividend yield of 8.79%. The ex-dividend date of this dividend was Tuesday, October 22nd.

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.