Cetera Advisors LLC Has $7.74 Million Stake in First Trust BuyWrite Income ETF (NASDAQ:FTHI)

Cetera Advisors LLC grew its position in First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 103.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 344,549 shares of the company’s stock after purchasing an additional 175,363 shares during the quarter. Cetera Advisors LLC owned about 1.32% of First Trust BuyWrite Income ETF worth $7,742,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Janney Capital Management LLC bought a new stake in shares of First Trust BuyWrite Income ETF in the fourth quarter valued at approximately $3,084,000. Nations Financial Group Inc. IA ADV boosted its stake in shares of First Trust BuyWrite Income ETF by 1.8% in the fourth quarter. Nations Financial Group Inc. IA ADV now owns 61,286 shares of the company’s stock valued at $1,309,000 after buying an additional 1,086 shares during the period. Lincoln National Corp boosted its stake in shares of First Trust BuyWrite Income ETF by 20.7% in the fourth quarter. Lincoln National Corp now owns 67,839 shares of the company’s stock valued at $1,449,000 after buying an additional 11,624 shares during the period. International Assets Investment Management LLC lifted its stake in First Trust BuyWrite Income ETF by 39.4% during the first quarter. International Assets Investment Management LLC now owns 19,737 shares of the company’s stock worth $443,000 after purchasing an additional 5,577 shares during the last quarter. Finally, Raymond James & Associates boosted its holdings in shares of First Trust BuyWrite Income ETF by 11.0% in the 4th quarter. Raymond James & Associates now owns 474,500 shares of the company’s stock valued at $10,135,000 after purchasing an additional 47,120 shares in the last quarter.

First Trust BuyWrite Income ETF Stock Performance

Shares of First Trust BuyWrite Income ETF stock traded down $0.35 during midday trading on Friday, hitting $22.12. 152,660 shares of the company traded hands, compared to its average volume of 221,138. The firm’s fifty day moving average price is $22.55 and its 200-day moving average price is $22.27. The stock has a market cap of $773.54 million, a price-to-earnings ratio of 18.59 and a beta of 0.72. First Trust BuyWrite Income ETF has a 12 month low of $19.56 and a 12 month high of $22.97.

First Trust BuyWrite Income ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Wednesday, July 31st. Shareholders of record on Tuesday, July 23rd were given a $0.168 dividend. The ex-dividend date was Tuesday, July 23rd. This represents a $2.02 dividend on an annualized basis and a yield of 9.11%.

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.