Aptus Capital Advisors LLC Cuts Stake in First Trust BuyWrite Income ETF (NASDAQ:FTHI)

Aptus Capital Advisors LLC lessened its holdings in First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 20.4% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,683 shares of the company’s stock after selling 1,712 shares during the period. Aptus Capital Advisors LLC’s holdings in First Trust BuyWrite Income ETF were worth $154,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. US Bancorp DE purchased a new position in First Trust BuyWrite Income ETF in the first quarter valued at $582,000. Independent Wealth Network Inc. boosted its stake in shares of First Trust BuyWrite Income ETF by 91.9% in the 1st quarter. Independent Wealth Network Inc. now owns 20,248 shares of the company’s stock valued at $455,000 after buying an additional 9,696 shares during the period. ARQ Wealth Advisors LLC acquired a new position in shares of First Trust BuyWrite Income ETF during the first quarter worth about $1,209,000. Cetera Investment Advisers increased its stake in shares of First Trust BuyWrite Income ETF by 1,256.3% during the first quarter. Cetera Investment Advisers now owns 418,953 shares of the company’s stock worth $9,414,000 after buying an additional 388,064 shares during the period. Finally, Cetera Advisors LLC raised its holdings in First Trust BuyWrite Income ETF by 103.7% in the first quarter. Cetera Advisors LLC now owns 344,549 shares of the company’s stock valued at $7,742,000 after acquiring an additional 175,363 shares in the last quarter.

First Trust BuyWrite Income ETF Stock Down 1.0 %

NASDAQ FTHI opened at $23.47 on Friday. First Trust BuyWrite Income ETF has a 52 week low of $20.78 and a 52 week high of $23.90. The firm has a 50 day moving average of $23.13 and a two-hundred day moving average of $22.71. The stock has a market capitalization of $986.21 million, a PE ratio of 18.59 and a beta of 0.72.

First Trust BuyWrite Income ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Thursday, October 31st. Investors of record on Tuesday, October 22nd were paid a dividend of $0.172 per share. This represents a $2.06 annualized dividend and a yield of 8.79%. The ex-dividend date was Tuesday, October 22nd.

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.