Capital Investment Advisory Services LLC Grows Stock Holdings in First Trust BuyWrite Income ETF (NASDAQ:FTHI)

Capital Investment Advisory Services LLC grew its stake in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 12.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 77,717 shares of the company’s stock after acquiring an additional 8,790 shares during the quarter. Capital Investment Advisory Services LLC owned about 0.16% of First Trust BuyWrite Income ETF worth $1,808,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. lifted its position in shares of First Trust BuyWrite Income ETF by 16.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 74,146 shares of the company’s stock valued at $1,666,000 after buying an additional 10,585 shares in the last quarter. Private Client Services LLC bought a new position in shares of First Trust BuyWrite Income ETF in the third quarter worth about $230,000. ZRC Wealth Management LLC purchased a new stake in shares of First Trust BuyWrite Income ETF during the third quarter worth about $533,000. Brookstone Capital Management raised its stake in First Trust BuyWrite Income ETF by 3.9% during the 3rd quarter. Brookstone Capital Management now owns 30,391 shares of the company’s stock valued at $700,000 after purchasing an additional 1,147 shares during the period. Finally, Boyce & Associates Wealth Consulting Inc. lifted its holdings in First Trust BuyWrite Income ETF by 14.3% in the 3rd quarter. Boyce & Associates Wealth Consulting Inc. now owns 26,054 shares of the company’s stock worth $600,000 after purchasing an additional 3,261 shares in the last quarter.

First Trust BuyWrite Income ETF Price Performance

Shares of FTHI opened at $23.50 on Thursday. The firm has a market cap of $1.16 billion, a P/E ratio of 18.59 and a beta of 0.72. First Trust BuyWrite Income ETF has a 1 year low of $20.96 and a 1 year high of $24.09. The company has a 50 day simple moving average of $23.59 and a two-hundred day simple moving average of $23.12.

First Trust BuyWrite Income ETF Increases Dividend

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

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.