American Institute for Advanced Investment Management LLP Raises Stock Position in First Trust BuyWrite Income ETF (NASDAQ:FTHI)

American Institute for Advanced Investment Management LLP boosted its holdings in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 6.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 55,410 shares of the company’s stock after acquiring an additional 3,535 shares during the period. American Institute for Advanced Investment Management LLP owned 0.13% of First Trust BuyWrite Income ETF worth $1,276,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the stock. GPS Wealth Strategies Group LLC bought a new stake in shares of First Trust BuyWrite Income ETF during the second quarter valued at approximately $97,000. Valley Brook Capital Group Inc. bought a new stake in shares of First Trust BuyWrite Income ETF in the 2nd quarter worth $215,000. Wedbush Securities Inc. purchased a new position in shares of First Trust BuyWrite Income ETF in the second quarter worth $218,000. J.W. Cole Advisors Inc. bought a new position in shares of First Trust BuyWrite Income ETF during the second quarter valued at $220,000. Finally, Simplicity Wealth LLC purchased a new stake in shares of First Trust BuyWrite Income ETF during the third quarter valued at $220,000.

First Trust BuyWrite Income ETF Price Performance

NASDAQ FTHI traded up $0.04 during trading hours on Thursday, hitting $23.04. The company’s stock had a trading volume of 39,074 shares, compared to its average volume of 214,087. First Trust BuyWrite Income ETF has a 12 month low of $19.56 and a 12 month high of $23.60. The company’s 50 day simple moving average is $22.89 and its two-hundred day simple moving average is $22.55. The company has a market cap of $952.01 million, a P/E ratio of 18.59 and a beta of 0.72.

First Trust BuyWrite Income ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Tuesday, October 22nd will be issued a dividend of $0.172 per share. The ex-dividend date is Tuesday, October 22nd. This represents a $2.06 annualized dividend and a dividend yield of 8.96%.

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.