Assetmark Inc. Makes New Investment in First Trust BuyWrite Income ETF (NASDAQ:FTHI)

Assetmark Inc. bought a new stake in First Trust BuyWrite Income ETF (NASDAQ:FTHI) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 30,518 shares of the company’s stock, valued at approximately $703,000. Assetmark Inc. owned about 0.07% of First Trust BuyWrite Income ETF as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. US Bancorp DE acquired a new stake in shares of First Trust BuyWrite Income ETF in the 1st quarter worth about $582,000. Avantax Advisory Services Inc. grew its holdings in shares of First Trust BuyWrite Income ETF by 174.9% during the first quarter. Avantax Advisory Services Inc. now owns 56,412 shares of the company’s stock worth $1,268,000 after purchasing an additional 35,891 shares in the last quarter. Independent Wealth Network Inc. grew its holdings in shares of First Trust BuyWrite Income ETF by 91.9% during the first quarter. Independent Wealth Network Inc. now owns 20,248 shares of the company’s stock worth $455,000 after purchasing an additional 9,696 shares in the last quarter. ARQ Wealth Advisors LLC purchased a new position in shares of First Trust BuyWrite Income ETF during the first quarter worth about $1,209,000. Finally, Cetera Investment Advisers boosted its stake in First Trust BuyWrite Income ETF by 1,256.3% in the first quarter. Cetera Investment Advisers now owns 418,953 shares of the company’s stock worth $9,414,000 after buying an additional 388,064 shares in the last quarter.

First Trust BuyWrite Income ETF Trading Down 1.0 %

FTHI opened at $23.47 on Friday. First Trust BuyWrite Income ETF has a 12-month low of $20.78 and a 12-month high of $23.90. The company has a market cap of $986.21 million, a price-to-earnings ratio of 18.59 and a beta of 0.72. The stock has a fifty day simple moving average of $23.13 and a two-hundred day simple moving average of $22.70.

First Trust BuyWrite Income ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, October 31st. Investors of record on Tuesday, October 22nd were paid a dividend of $0.172 per share. This represents a $2.06 annualized dividend and a yield of 8.79%. The ex-dividend date was Tuesday, October 22nd.

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.