D.A. Davidson & CO. Raises Position in First Trust BuyWrite Income ETF (NASDAQ:FTHI)

D.A. Davidson & CO. raised its stake in First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 5.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 108,179 shares of the company’s stock after buying an additional 5,303 shares during the quarter. D.A. Davidson & CO.’s holdings in First Trust BuyWrite Income ETF were worth $2,517,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of FTHI. Wilmington Savings Fund Society FSB purchased a new stake in shares of First Trust BuyWrite Income ETF during the third quarter valued at approximately $50,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of First Trust BuyWrite Income ETF during the fourth quarter valued at approximately $51,000. GoalVest Advisory LLC purchased a new stake in shares of First Trust BuyWrite Income ETF during the third quarter valued at approximately $53,000. AdvisorNet Financial Inc purchased a new stake in shares of First Trust BuyWrite Income ETF during the fourth quarter valued at approximately $65,000. Finally, GPS Wealth Strategies Group LLC increased its position in shares of First Trust BuyWrite Income ETF by 26.5% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 5,498 shares of the company’s stock valued at $128,000 after acquiring an additional 1,152 shares during the last quarter.

First Trust BuyWrite Income ETF Trading Down 1.8 %

Shares of FTHI opened at $23.24 on Friday. The company has a market capitalization of $1.15 billion, a price-to-earnings ratio of 18.59 and a beta of 0.72. The stock has a 50 day moving average of $23.51 and a 200 day moving average of $23.25. First Trust BuyWrite Income ETF has a 12 month low of $20.96 and a 12 month high of $24.09.

First Trust BuyWrite Income ETF Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 21st will be issued a dividend of $0.174 per share. The ex-dividend date is Friday, February 21st.

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.