Quad Cities Investment Group LLC Acquires Shares of 14,124 First Trust BuyWrite Income ETF (NASDAQ:FTHI)

Quad Cities Investment Group LLC bought a new position in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 14,124 shares of the company’s stock, valued at approximately $297,000. Quad Cities Investment Group LLC owned approximately 0.15% of First Trust BuyWrite Income ETF as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. UBS Group AG purchased a new stake in First Trust BuyWrite Income ETF during the 3rd quarter valued at about $30,000. Raleigh Capital Management Inc. purchased a new stake in shares of First Trust BuyWrite Income ETF in the first quarter valued at approximately $38,000. First Horizon Advisors Inc. grew its position in shares of First Trust BuyWrite Income ETF by 310.7% in the first quarter. First Horizon Advisors Inc. now owns 1,988 shares of the company’s stock valued at $40,000 after purchasing an additional 1,504 shares in the last quarter. Global Retirement Partners LLC acquired a new stake in shares of First Trust BuyWrite Income ETF in the first quarter valued at approximately $52,000. Finally, Morgan Stanley lifted its position in First Trust BuyWrite Income ETF by 95.0% during the fourth quarter. Morgan Stanley now owns 3,311 shares of the company’s stock worth $64,000 after buying an additional 1,613 shares in the last quarter.

First Trust BuyWrite Income ETF Trading Up 0.1 %

NASDAQ FTHI traded up $0.02 on Monday, reaching $21.10. 62,583 shares of the company were exchanged, compared to its average volume of 72,855. The business’s fifty day moving average price is $21.04 and its 200 day moving average price is $20.68. The stock has a market capitalization of $221.97 million, a P/E ratio of 16.82 and a beta of 0.72. First Trust BuyWrite Income ETF has a fifty-two week low of $18.24 and a fifty-two week high of $21.36.

First Trust BuyWrite Income ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Thursday, August 31st. Stockholders of record on Wednesday, August 23rd were given a dividend of $0.157 per share. The ex-dividend date was Tuesday, August 22nd. This represents a $1.88 annualized dividend and a dividend yield of 8.93%.

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.