First Trust BuyWrite Income ETF $FTHI Shares Newly Purchased by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. purchased a new position in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 47,238 shares of the company’s stock, valued at approximately $1,114,000.

A number of other hedge funds have also recently bought and sold shares of the company. Envestnet Asset Management Inc. boosted its holdings in shares of First Trust BuyWrite Income ETF by 2.1% during the second quarter. Envestnet Asset Management Inc. now owns 3,862,199 shares of the company’s stock worth $92,113,000 after purchasing an additional 79,011 shares during the last quarter. D.A. Davidson & CO. raised its position in shares of First Trust BuyWrite Income ETF by 7.3% in the 1st quarter. D.A. Davidson & CO. now owns 3,010,900 shares of the company’s stock worth $69,100,000 after buying an additional 206,072 shares during the period. Royal Bank of Canada grew its position in First Trust BuyWrite Income ETF by 22.1% during the first quarter. Royal Bank of Canada now owns 2,527,288 shares of the company’s stock valued at $58,001,000 after acquiring an additional 456,702 shares during the period. Cetera Investment Advisers raised its holdings in shares of First Trust BuyWrite Income ETF by 31.1% in the 1st quarter. Cetera Investment Advisers now owns 1,816,393 shares of the company’s stock worth $41,686,000 after purchasing an additional 431,366 shares during the period. Finally, Baird Financial Group Inc. raised its holdings in shares of First Trust BuyWrite Income ETF by 65.2% in the 2nd quarter. Baird Financial Group Inc. now owns 482,564 shares of the company’s stock worth $11,509,000 after purchasing an additional 190,463 shares during the period.

First Trust BuyWrite Income ETF Stock Performance

Shares of NASDAQ:FTHI opened at $23.17 on Tuesday. The stock has a market capitalization of $2.54 billion, a P/E ratio of 25.34 and a beta of 0.63. First Trust BuyWrite Income ETF has a 1 year low of $22.37 and a 1 year high of $24.39. The stock has a 50-day simple moving average of $23.75 and a 200-day simple moving average of $23.70.

First Trust BuyWrite Income ETF Cuts Dividend

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

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.