First Trust BuyWrite Income ETF $FTHI Shares Bought by International Assets Investment Management LLC

International Assets Investment Management LLC grew its holdings in First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 1,035.5% during the third quarter, HoldingsChannel.com reports. The fund owned 600,000 shares of the company’s stock after purchasing an additional 547,158 shares during the quarter. International Assets Investment Management LLC’s holdings in First Trust BuyWrite Income ETF were worth $14,154,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. increased its holdings in First Trust BuyWrite Income ETF by 2.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,862,199 shares of the company’s stock valued at $92,113,000 after purchasing an additional 79,011 shares in the last quarter. D.A. Davidson & CO. purchased a new stake in shares of First Trust BuyWrite Income ETF in the third quarter worth about $77,977,000. Royal Bank of Canada boosted its position in shares of First Trust BuyWrite Income ETF by 22.1% in the first quarter. Royal Bank of Canada now owns 2,527,288 shares of the company’s stock worth $58,001,000 after buying an additional 456,702 shares during the period. Cetera Investment Advisers grew its stake in shares of First Trust BuyWrite Income ETF by 31.1% in the first quarter. Cetera Investment Advisers now owns 1,816,393 shares of the company’s stock valued at $41,686,000 after buying an additional 431,366 shares in the last quarter. Finally, Baird Financial Group Inc. grew its stake in shares of First Trust BuyWrite Income ETF by 65.2% in the second quarter. Baird Financial Group Inc. now owns 482,564 shares of the company’s stock valued at $11,509,000 after buying an additional 190,463 shares in the last quarter.

First Trust BuyWrite Income ETF Stock Performance

Shares of NASDAQ:FTHI opened at $23.29 on Friday. The company has a market cap of $2.55 billion, a P/E ratio of 25.34 and a beta of 0.63. First Trust BuyWrite Income ETF has a one year low of $22.37 and a one year high of $24.39. The business’s 50-day simple moving average is $23.76 and its 200 day simple moving average is $23.70.

First Trust BuyWrite Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, October 30th. Shareholders of record on Wednesday, October 21st were given a $0.1760 dividend. This represents a $2.11 annualized dividend and a yield of 9.1%. This is a negative change from First Trust BuyWrite Income ETF’s previous monthly dividend of $0.1790. The ex-dividend date of this dividend was Wednesday, October 21st.

First Trust BuyWrite Income ETF Company 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.