Kestra Private Wealth Services LLC Makes New $664,000 Investment in First Trust BuyWrite Income ETF (NASDAQ:FTHI)

Kestra Private Wealth Services LLC bought a new position in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 31,090 shares of the company’s stock, valued at approximately $664,000. Kestra Private Wealth Services LLC owned approximately 0.16% of First Trust BuyWrite Income ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Csenge Advisory Group lifted its holdings in First Trust BuyWrite Income ETF by 1.7% during the third quarter. Csenge Advisory Group now owns 41,454 shares of the company’s stock worth $846,000 after acquiring an additional 692 shares during the period. Ausdal Financial Partners Inc. raised its stake in shares of First Trust BuyWrite Income ETF by 5.9% during the 3rd quarter. Ausdal Financial Partners Inc. now owns 17,401 shares of the company’s stock worth $355,000 after purchasing an additional 976 shares during the period. Raleigh Capital Management Inc. boosted its holdings in shares of First Trust BuyWrite Income ETF by 53.5% in the 3rd quarter. Raleigh Capital Management Inc. now owns 2,846 shares of the company’s stock worth $58,000 after buying an additional 992 shares during the last quarter. Treasure Coast Financial Planning boosted its holdings in shares of First Trust BuyWrite Income ETF by 20.4% in the 4th quarter. Treasure Coast Financial Planning now owns 14,175 shares of the company’s stock worth $303,000 after buying an additional 2,400 shares during the last quarter. Finally, Insight Advisors LLC PA grew its position in First Trust BuyWrite Income ETF by 13.6% during the fourth quarter. Insight Advisors LLC PA now owns 22,224 shares of the company’s stock valued at $475,000 after buying an additional 2,667 shares during the period.

First Trust BuyWrite Income ETF Stock Performance

NASDAQ FTHI opened at $22.16 on Monday. The company has a market capitalization of $587.68 million, a PE ratio of 18.59 and a beta of 0.64. First Trust BuyWrite Income ETF has a 52-week low of $19.56 and a 52-week high of $22.59. The company has a 50-day simple moving average of $22.20 and a 200 day simple moving average of $21.56.

First Trust BuyWrite Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, April 30th. Stockholders of record on Wednesday, April 24th were paid a dividend of $0.168 per share. The ex-dividend date of this dividend was Tuesday, April 23rd. This represents a $2.02 annualized dividend and a dividend yield of 9.10%. This is a positive change from First Trust BuyWrite Income ETF’s previous monthly dividend of $0.16.

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.