Puff Wealth Management LLC Purchases Shares of 46,685 First Trust BuyWrite Income ETF (NASDAQ:FTHI)

Puff Wealth Management LLC acquired a new position in First Trust BuyWrite Income ETF (NASDAQ:FTHI) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 46,685 shares of the company’s stock, valued at approximately $1,086,000. First Trust BuyWrite Income ETF makes up approximately 1.8% of Puff Wealth Management LLC’s investment portfolio, making the stock its 18th largest holding. Puff Wealth Management LLC owned about 0.09% of First Trust BuyWrite Income ETF as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of FTHI. LPL Financial LLC increased its stake in First Trust BuyWrite Income ETF by 22.7% in the 3rd quarter. LPL Financial LLC now owns 4,753,553 shares of the company’s stock worth $109,427,000 after buying an additional 880,921 shares in the last quarter. Legacy CG LLC raised its stake in First Trust BuyWrite Income ETF by 0.5% during the 3rd quarter. Legacy CG LLC now owns 671,417 shares of the company’s stock valued at $15,456,000 after purchasing an additional 3,220 shares during the period. Stifel Financial Corp lifted its holdings in First Trust BuyWrite Income ETF by 38.4% in the 3rd quarter. Stifel Financial Corp now owns 645,420 shares of the company’s stock worth $14,858,000 after purchasing an additional 178,982 shares in the last quarter. Raymond James & Associates boosted its stake in First Trust BuyWrite Income ETF by 3.1% in the 3rd quarter. Raymond James & Associates now owns 518,793 shares of the company’s stock worth $11,943,000 after purchasing an additional 15,757 shares during the period. Finally, Dunhill Financial LLC grew its holdings in First Trust BuyWrite Income ETF by 12.5% during the 3rd quarter. Dunhill Financial LLC now owns 354,438 shares of the company’s stock valued at $8,159,000 after buying an additional 39,394 shares in the last quarter.

First Trust BuyWrite Income ETF Stock Performance

FTHI stock opened at $23.72 on Friday. The company’s fifty day moving average price is $23.54 and its 200-day moving average price is $23.21. First Trust BuyWrite Income ETF has a one year low of $20.96 and a one year high of $24.09. The company has a market capitalization of $1.17 billion, a PE ratio of 18.59 and a beta of 0.72.

First Trust BuyWrite Income ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, January 31st. Shareholders of record on Wednesday, January 22nd were paid a $0.174 dividend. The ex-dividend date was Wednesday, January 22nd. This is a boost from First Trust BuyWrite Income ETF’s previous dividend of $0.17.

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.