Kingswood Wealth Advisors LLC Has $1.12 Million Holdings in First Trust BuyWrite Income ETF $FTHI

Kingswood Wealth Advisors LLC lessened its position in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 64.2% during the 2nd quarter, Holdings Channel.com reports. The firm owned 49,180 shares of the company’s stock after selling 88,070 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in First Trust BuyWrite Income ETF were worth $1,124,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of FTHI. GAMMA Investing LLC grew its holdings in shares of First Trust BuyWrite Income ETF by 2,086.0% during the 1st quarter. GAMMA Investing LLC now owns 19,958 shares of the company’s stock worth $436,000 after purchasing an additional 19,045 shares in the last quarter. NBC Securities Inc. acquired a new stake in shares of First Trust BuyWrite Income ETF during the 1st quarter worth approximately $35,000. Transform Wealth LLC acquired a new stake in shares of First Trust BuyWrite Income ETF during the 1st quarter worth approximately $910,000. GPS Wealth Strategies Group LLC lifted its position in shares of First Trust BuyWrite Income ETF by 39.4% during the 1st quarter. GPS Wealth Strategies Group LLC now owns 7,662 shares of the company’s stock worth $167,000 after buying an additional 2,164 shares during the period. Finally, American Institute for Advanced Investment Management LLP lifted its position in shares of First Trust BuyWrite Income ETF by 7.4% during the 1st quarter. American Institute for Advanced Investment Management LLP now owns 54,720 shares of the company’s stock worth $1,196,000 after buying an additional 3,760 shares during the period.

First Trust BuyWrite Income ETF Price Performance

First Trust BuyWrite Income ETF stock opened at $23.81 on Thursday. The company has a market capitalization of $1.64 billion, a PE ratio of 25.34 and a beta of 0.72. First Trust BuyWrite Income ETF has a one year low of $19.07 and a one year high of $24.09. The business has a 50 day simple moving average of $23.44 and a 200 day simple moving average of $22.55.

First Trust BuyWrite Income ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were given a dividend of $0.171 per share. This represents a c) annualized dividend and a dividend yield of 8.6%. The ex-dividend date was Thursday, September 25th.

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.