Golden State Wealth Management LLC Has $1.34 Million Holdings in First Trust BuyWrite Income ETF (NASDAQ:FTHI)

Golden State Wealth Management LLC boosted its holdings in First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 104.4% in the 1st quarter, Holdings Channel.com reports. The firm owned 61,163 shares of the company’s stock after acquiring an additional 31,244 shares during the period. Golden State Wealth Management LLC’s holdings in First Trust BuyWrite Income ETF were worth $1,337,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of FTHI. SBI Securities Co. Ltd. acquired a new position in shares of First Trust BuyWrite Income ETF during the 4th quarter worth approximately $28,000. NBC Securities Inc. acquired a new stake in First Trust BuyWrite Income ETF during the first quarter worth approximately $35,000. Thurston Springer Miller Herd & Titak Inc. grew its position in First Trust BuyWrite Income ETF by 22.7% during the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,700 shares of the company’s stock worth $59,000 after buying an additional 500 shares in the last quarter. IMG Wealth Management Inc. bought a new position in First Trust BuyWrite Income ETF during the 4th quarter worth $61,000. Finally, Centaurus Financial Inc. acquired a new position in First Trust BuyWrite Income ETF in the 4th quarter valued at $132,000.

First Trust BuyWrite Income ETF Stock Performance

NASDAQ:FTHI opened at $22.74 on Thursday. The company has a market cap of $1.28 billion, a price-to-earnings ratio of 22.95 and a beta of 0.72. First Trust BuyWrite Income ETF has a fifty-two week low of $19.07 and a fifty-two week high of $24.09. The stock has a fifty day moving average price of $22.00 and a 200-day moving average price of $22.54.

First Trust BuyWrite Income ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, May 30th. Investors of record on Wednesday, May 21st were paid a $0.163 dividend. This represents a $1.96 dividend on an annualized basis and a yield of 8.60%. The ex-dividend date was Wednesday, May 21st.

About First Trust BuyWrite Income ETF

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.