28,083 Shares in First Trust BuyWrite Income ETF $FTHI Acquired by Integrity Alliance LLC.

Integrity Alliance LLC. bought a new stake in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) during the 3rd quarter, Holdings Channel reports. The firm bought 28,083 shares of the company’s stock, valued at approximately $662,000.

Other institutional investors have also modified their holdings of the company. Ascentis Independent Advisors acquired a new position in shares of First Trust BuyWrite Income ETF in the first quarter valued at approximately $26,000. Bullseye Investment Management LLC bought a new stake in First Trust BuyWrite Income ETF during the 2nd quarter worth about $119,000. IMG Wealth Management Inc. lifted its holdings in shares of First Trust BuyWrite Income ETF by 15.8% in the first quarter. IMG Wealth Management Inc. now owns 5,594 shares of the company’s stock valued at $128,000 after purchasing an additional 763 shares in the last quarter. James T. Borello RIA bought a new position in shares of First Trust BuyWrite Income ETF during the third quarter worth approximately $136,000. Finally, SYM FINANCIAL Corp bought a new stake in shares of First Trust BuyWrite Income ETF during the 3rd quarter valued at about $165,000.

First Trust BuyWrite Income ETF Price Performance

FTHI stock opened at $22.62 on Friday. First Trust BuyWrite Income ETF has a one year low of $22.37 and a one year high of $24.39. The stock has a market cap of $2.48 billion, a PE ratio of 25.34 and a beta of 0.64. The firm has a 50 day simple moving average of $23.67 and a two-hundred day simple moving average of $23.68.

First Trust BuyWrite Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, October 30th. Stockholders of record on Wednesday, October 21st were issued a dividend of $0.1760 per share. The ex-dividend date was Wednesday, October 21st. This represents a $2.11 annualized dividend and a dividend yield of 9.3%. This is a drop from First Trust BuyWrite Income ETF’s previous monthly dividend of $0.1790.

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.