First Trust BuyWrite Income ETF (FTHI) To Go Ex-Dividend on April 21st

First Trust BuyWrite Income ETF (NASDAQ:FTHI) announced a dividend on Monday, April 20th, NASDAQ Dividends reports. Shareholders of record on Tuesday, April 21st will be given a dividend of 0.172 per share on Thursday, April 30th. The ex-dividend date of this dividend is Tuesday, April 21st.

First Trust BuyWrite Income ETF Stock Down 1.3%

FTHI stock opened at $23.45 on Wednesday. First Trust BuyWrite Income ETF has a 12-month low of $20.55 and a 12-month high of $24.18. The company has a market cap of $2.11 billion, a price-to-earnings ratio of 25.34 and a beta of 0.64. The company has a 50 day moving average of $23.41 and a two-hundred day moving average of $23.60.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of FTHI. LPL Financial LLC raised its holdings in shares of First Trust BuyWrite Income ETF by 19.6% during the 4th quarter. LPL Financial LLC now owns 9,018,353 shares of the company’s stock valued at $213,013,000 after purchasing an additional 1,478,322 shares in the last quarter. Royal Bank of Canada raised its holdings in shares of First Trust BuyWrite Income ETF by 144.9% during the 4th quarter. Royal Bank of Canada now owns 2,070,586 shares of the company’s stock valued at $48,907,000 after purchasing an additional 1,225,201 shares in the last quarter. Ergawealth Advisors Inc. raised its holdings in shares of First Trust BuyWrite Income ETF by 87.2% during the 4th quarter. Ergawealth Advisors Inc. now owns 2,097,358 shares of the company’s stock valued at $49,540,000 after purchasing an additional 976,948 shares in the last quarter. Commonwealth Equity Services LLC raised its holdings in shares of First Trust BuyWrite Income ETF by 140.7% during the 3rd quarter. Commonwealth Equity Services LLC now owns 1,545,547 shares of the company’s stock valued at $36,645,000 after purchasing an additional 903,553 shares in the last quarter. Finally, Wells Fargo & Company MN raised its holdings in shares of First Trust BuyWrite Income ETF by 10.8% during the 4th quarter. Wells Fargo & Company MN now owns 6,444,777 shares of the company’s stock valued at $152,226,000 after purchasing an additional 626,512 shares in the last quarter.

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.