First Trust BuyWrite Income ETF (NASDAQ:FTHI) Announces Monthly Dividend of $0.18

by · The Cerbat Gem

First Trust BuyWrite Income ETF (NASDAQ:FTHI – Get Free Report) declared a monthly dividend on Wednesday, September 23rd. Investors of record on Thursday, September 24th will be given a dividend of $0.1790 per share on Wednesday, September 30th. This represents a $2.15 annualized dividend and a yield of 9.1%. The ex-dividend date is Thursday, September 24th.

First Trust BuyWrite Income ETF Price Performance

Shares of NASDAQ FTHI traded down $0.19 during midday trading on Thursday, reaching $23.64. 652,043 shares of the stock were exchanged, compared to its average volume of 717,144. First Trust BuyWrite Income ETF has a 12 month low of $22.37 and a 12 month high of $24.39. The company has a market capitalization of $2.51 billion, a price-to-earnings ratio of 25.34 and a beta of 0.62. The business has a 50-day simple moving average of $23.87 and a two-hundred day simple moving average of $23.68.

Institutional Investors Weigh In On First Trust BuyWrite Income ETF

Several large investors have recently made changes to their positions in the stock. Waverly Advisors LLC boosted its holdings in shares of First Trust BuyWrite Income ETF by 4.3% during the second quarter. Waverly Advisors LLC now owns 10,794 shares of the company’s stock worth $257,000 after acquiring an additional 444 shares during the period. Global Retirement Partners LLC increased its position in shares of First Trust BuyWrite Income ETF by 15.4% in the fourth quarter. Global Retirement Partners LLC now owns 3,783 shares of the company’s stock worth $89,000 after purchasing an additional 504 shares during the period. LVZ Inc. increased its holdings in First Trust BuyWrite Income ETF by 0.9% in the 1st quarter. LVZ Inc. now owns 64,152 shares of the company’s stock valued at $1,472,000 after buying an additional 551 shares during the period. Thurston Springer Miller Herd & Titak Inc. increased its stake in First Trust BuyWrite Income ETF by 4.6% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 12,593 shares of the company’s stock valued at $300,000 after acquiring an additional 552 shares during the last quarter. Finally, Gentry Private Wealth LLC increased its stake in shares of First Trust BuyWrite Income ETF by 2.8% in the 1st quarter. Gentry Private Wealth LLC now owns 21,321 shares of the company’s stock valued at $489,000 after purchasing an additional 573 shares during the last quarter.

About First Trust BuyWrite Income ETF

(Get Free Report)

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.

See Also