First Trust BuyWrite Income ETF $FTHI Shares Bought by RFG Advisory LLC

RFG Advisory LLC lifted its position in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 64.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 188,692 shares of the company’s stock after acquiring an additional 73,644 shares during the quarter. RFG Advisory LLC’s holdings in First Trust BuyWrite Income ETF were worth $4,500,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of FTHI. Strategic Financial Concepts LLC purchased a new stake in First Trust BuyWrite Income ETF during the fourth quarter worth $2,458,000. Brookstone Capital Management increased its position in shares of First Trust BuyWrite Income ETF by 54.9% in the first quarter. Brookstone Capital Management now owns 80,702 shares of the company’s stock valued at $1,852,000 after buying an additional 28,619 shares in the last quarter. World Investment Advisors purchased a new position in shares of First Trust BuyWrite Income ETF in the fourth quarter valued at $833,000. SHP Wealth Management purchased a new position in shares of First Trust BuyWrite Income ETF in the fourth quarter valued at $8,423,000. Finally, LPL Financial LLC raised its stake 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 worth $213,013,000 after buying an additional 1,478,322 shares during the last quarter.

First Trust BuyWrite Income ETF Stock Down 0.4%

First Trust BuyWrite Income ETF stock opened at $23.84 on Thursday. First Trust BuyWrite Income ETF has a 52 week low of $22.37 and a 52 week high of $24.39. The firm’s 50-day simple moving average is $23.88 and its 200 day simple moving average is $23.68. The firm has a market capitalization of $2.42 billion, a PE ratio of 25.34 and a beta of 0.62.

First Trust BuyWrite Income ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Monday, August 31st. Shareholders of record on Friday, August 21st were issued a dividend of $0.179 per share. This represents a c) annualized dividend and a yield of 9.0%. The ex-dividend date was Friday, August 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.