First Trust BuyWrite Income ETF (NASDAQ:FTHI) Shares Purchased by Redmond Asset Management LLC

Redmond Asset Management LLC raised its holdings in First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 20.7% during the fourth quarter, HoldingsChannel.com reports. The firm owned 16,814 shares of the company’s stock after buying an additional 2,888 shares during the period. Redmond Asset Management LLC’s holdings in First Trust BuyWrite Income ETF were worth $391,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in FTHI. Kestra Private Wealth Services LLC grew its stake in First Trust BuyWrite Income ETF by 2.2% in the fourth quarter. Kestra Private Wealth Services LLC now owns 30,786 shares of the company’s stock worth $716,000 after purchasing an additional 649 shares in the last quarter. Oppenheimer & Co. Inc. lifted its holdings in First Trust BuyWrite Income ETF by 8.9% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 10,075 shares of the company’s stock worth $232,000 after buying an additional 824 shares during the last quarter. Principal Securities Inc. grew its position in shares of First Trust BuyWrite Income ETF by 1.1% in the 4th quarter. Principal Securities Inc. now owns 90,888 shares of the company’s stock worth $2,115,000 after acquiring an additional 953 shares in the last quarter. Private Advisor Group LLC increased its holdings in shares of First Trust BuyWrite Income ETF by 3.6% in the 3rd quarter. Private Advisor Group LLC now owns 28,654 shares of the company’s stock valued at $660,000 after acquiring an additional 985 shares during the last quarter. Finally, GPS Wealth Strategies Group LLC raised its position in shares of First Trust BuyWrite Income ETF by 26.5% during the 4th quarter. GPS Wealth Strategies Group LLC now owns 5,498 shares of the company’s stock valued at $128,000 after acquiring an additional 1,152 shares in the last quarter.

First Trust BuyWrite Income ETF Price Performance

Shares of FTHI opened at $23.24 on Friday. First Trust BuyWrite Income ETF has a 12-month low of $20.96 and a 12-month high of $24.09. The business’s fifty day moving average price is $23.51 and its 200 day moving average price is $23.26. The stock has a market capitalization of $1.15 billion, a PE ratio of 18.59 and a beta of 0.72.

First Trust BuyWrite Income ETF Dividend Announcement

The firm also recently declared a dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 21st will be issued a $0.174 dividend. The ex-dividend date is Friday, February 21st.

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.