First Trust BuyWrite Income ETF $FTHI Shares Sold by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. decreased its holdings in First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 62.5% in the second quarter, Holdings Channel reports. The firm owned 39,370 shares of the company’s stock after selling 65,641 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in First Trust BuyWrite Income ETF were worth $900,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. purchased a new stake in First Trust BuyWrite Income ETF in the first quarter valued at about $901,000. Geneos Wealth Management Inc. increased its holdings in shares of First Trust BuyWrite Income ETF by 4.7% during the first quarter. Geneos Wealth Management Inc. now owns 29,105 shares of the company’s stock valued at $636,000 after acquiring an additional 1,310 shares in the last quarter. Avantax Advisory Services Inc. raised its position in shares of First Trust BuyWrite Income ETF by 42.6% in the 1st quarter. Avantax Advisory Services Inc. now owns 130,685 shares of the company’s stock valued at $2,857,000 after purchasing an additional 39,012 shares during the last quarter. Novem Group acquired a new stake in First Trust BuyWrite Income ETF in the 2nd quarter worth approximately $256,000. Finally, Oppenheimer & Co. Inc. boosted its stake in First Trust BuyWrite Income ETF by 33.1% in the 1st quarter. Oppenheimer & Co. Inc. now owns 15,735 shares of the company’s stock worth $344,000 after purchasing an additional 3,917 shares in the last quarter.

First Trust BuyWrite Income ETF Trading Up 0.4%

NASDAQ:FTHI opened at $23.69 on Monday. First Trust BuyWrite Income ETF has a twelve month low of $19.07 and a twelve month high of $24.09. The company has a market cap of $1.67 billion, a PE ratio of 25.34 and a beta of 0.72. The company’s 50 day moving average is $23.51 and its two-hundred day moving average is $22.64.

First Trust BuyWrite Income ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were issued a dividend of $0.171 per share. The ex-dividend date of this dividend was Thursday, September 25th. This represents a c) dividend on an annualized basis and a dividend yield of 8.7%.

First Trust BuyWrite Income ETF Company 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.