First Trust BuyWrite Income ETF (FTHI) to Distribute Dividend of $0.17 on June 30th

First Trust BuyWrite Income ETF (NASDAQ:FTHI) declared a dividend on Wednesday, June 24th, NASDAQ Dividends reports. Investors of record on Thursday, June 25th will be paid a dividend of 0.172 per share on Tuesday, June 30th. The ex-dividend date is Thursday, June 25th.

First Trust BuyWrite Income ETF Price Performance

First Trust BuyWrite Income ETF stock opened at $23.57 on Friday. The firm has a market cap of $2.13 billion, a price-to-earnings ratio of 25.34 and a beta of 0.62. First Trust BuyWrite Income ETF has a fifty-two week low of $22.37 and a fifty-two week high of $24.18. The firm has a fifty day moving average price of $23.76 and a two-hundred day moving average price of $23.65.

Hedge Funds Weigh In On First Trust BuyWrite Income ETF

A number of institutional investors have recently made changes to their positions in the business. LPL Financial LLC boosted its stake in 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 during the period. Royal Bank of Canada increased its position in First Trust BuyWrite Income ETF by 144.9% in the 4th quarter. Royal Bank of Canada now owns 2,070,586 shares of the company’s stock worth $48,907,000 after buying an additional 1,225,201 shares during the period. Ergawealth Advisors Inc. increased its position in First Trust BuyWrite Income ETF by 87.2% in the 4th quarter. Ergawealth Advisors Inc. now owns 2,097,358 shares of the company’s stock worth $49,540,000 after buying an additional 976,948 shares during the period. Wells Fargo & Company MN lifted its holdings in shares of First Trust BuyWrite Income ETF by 10.8% during the fourth quarter. Wells Fargo & Company MN now owns 6,444,777 shares of the company’s stock worth $152,226,000 after buying an additional 626,512 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in shares of First Trust BuyWrite Income ETF by 4,757.2% during the third quarter. Ameriprise Financial Inc. now owns 528,415 shares of the company’s stock worth $12,530,000 after buying an additional 517,536 shares during 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.