Mutual Advisors LLC Buys Shares of 188,113 First Trust BuyWrite Income ETF $FTHI

Mutual Advisors LLC acquired a new stake in First Trust BuyWrite Income ETF (NASDAQ:FTHI) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 188,113 shares of the company’s stock, valued at approximately $4,443,000. Mutual Advisors LLC owned about 0.26% of First Trust BuyWrite Income ETF at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of FTHI. Private Client Services LLC increased its holdings in shares of First Trust BuyWrite Income ETF by 3.9% during the 3rd quarter. Private Client Services LLC now owns 16,080 shares of the company’s stock valued at $381,000 after acquiring an additional 597 shares during the last quarter. IMG Wealth Management Inc. lifted its stake in First Trust BuyWrite Income ETF by 16.6% during the second quarter. IMG Wealth Management Inc. now owns 4,259 shares of the company’s stock worth $97,000 after purchasing an additional 606 shares during the period. GPS Wealth Strategies Group LLC grew its position in First Trust BuyWrite Income ETF by 7.3% in the third quarter. GPS Wealth Strategies Group LLC now owns 8,948 shares of the company’s stock valued at $212,000 after acquiring an additional 611 shares during the period. GoalVest Advisory LLC grew its position in First Trust BuyWrite Income ETF by 82.2% during the 3rd quarter. GoalVest Advisory LLC now owns 1,481 shares of the company’s stock worth $35,000 after acquiring an additional 668 shares during the last quarter. Finally, Brookstone Capital Management increased its position in First Trust BuyWrite Income ETF by 1.8% in the 3rd quarter. Brookstone Capital Management now owns 43,024 shares of the company’s stock valued at $1,020,000 after acquiring an additional 743 shares in the last quarter.

First Trust BuyWrite Income ETF Trading Down 0.5%

Shares of NASDAQ FTHI opened at $23.75 on Monday. The firm’s 50-day moving average is $23.74 and its 200-day moving average is $23.56. The firm has a market capitalization of $1.96 billion, a PE ratio of 25.34 and a beta of 0.64. First Trust BuyWrite Income ETF has a 1 year low of $19.07 and a 1 year high of $24.05.

First Trust BuyWrite Income ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, January 30th. Stockholders of record on Wednesday, January 21st were issued a $0.177 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 8.9%. The ex-dividend date was Wednesday, January 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.