20,521 Shares in First Trust BuyWrite Income ETF (NASDAQ:FTHI) Acquired by Avantax Advisory Services Inc.

Avantax Advisory Services Inc. bought a new stake in First Trust BuyWrite Income ETF (NASDAQ:FTHI) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 20,521 shares of the company’s stock, valued at approximately $438,000. Avantax Advisory Services Inc. owned approximately 0.11% 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 modified their holdings of the stock. Envestnet Portfolio Solutions Inc. increased its holdings in shares of First Trust BuyWrite Income ETF by 15.7% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 62,950 shares of the company’s stock worth $1,345,000 after buying an additional 8,549 shares during the last quarter. Principal Securities Inc. purchased a new stake in First Trust BuyWrite Income ETF in the fourth quarter valued at $1,088,000. Lincoln National Corp lifted its stake in shares of First Trust BuyWrite Income ETF by 20.7% in the 4th quarter. Lincoln National Corp now owns 67,839 shares of the company’s stock valued at $1,449,000 after purchasing an additional 11,624 shares during the last quarter. Kestra Private Wealth Services LLC purchased a new position in shares of First Trust BuyWrite Income ETF during the 4th quarter worth $664,000. Finally, Atria Wealth Solutions Inc. grew its holdings in shares of First Trust BuyWrite Income ETF by 8.6% during the 4th quarter. Atria Wealth Solutions Inc. now owns 105,624 shares of the company’s stock worth $2,256,000 after purchasing an additional 8,385 shares during the period.

First Trust BuyWrite Income ETF Trading Down 0.2 %

Shares of FTHI opened at $22.39 on Thursday. The company’s 50-day moving average price is $22.26 and its 200 day moving average price is $21.77. First Trust BuyWrite Income ETF has a 12-month low of $19.56 and a 12-month high of $22.65. The firm has a market cap of $584.83 million, a P/E ratio of 18.59 and a beta of 0.72.

First Trust BuyWrite Income ETF Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, May 31st. Stockholders of record on Wednesday, May 22nd will be paid a $0.168 dividend. This represents a $2.02 dividend on an annualized basis and a dividend yield of 9.00%. The ex-dividend date is Tuesday, May 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.