Benjamin Edwards Inc. Sells 2,522 Shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI)

Benjamin Edwards Inc. cut its position in First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 32.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,349 shares of the company’s stock after selling 2,522 shares during the quarter. Benjamin Edwards Inc.’s holdings in First Trust BuyWrite Income ETF were worth $120,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Raleigh Capital Management Inc. increased its holdings in First Trust BuyWrite Income ETF by 24.6% in the 4th quarter. Raleigh Capital Management Inc. now owns 3,546 shares of the company’s stock worth $76,000 after acquiring an additional 700 shares during the last quarter. GPS Wealth Strategies Group LLC purchased a new position in shares of First Trust BuyWrite Income ETF in the second quarter worth about $97,000. Parallel Advisors LLC bought a new stake in shares of First Trust BuyWrite Income ETF in the fourth quarter valued at approximately $121,000. Valley Brook Capital Group Inc. purchased a new stake in shares of First Trust BuyWrite Income ETF during the 2nd quarter valued at approximately $215,000. Finally, Wedbush Securities Inc. bought a new position in First Trust BuyWrite Income ETF in the 2nd quarter worth approximately $218,000.

First Trust BuyWrite Income ETF Trading Down 0.1 %

First Trust BuyWrite Income ETF stock opened at $23.06 on Friday. The firm has a market capitalization of $806.41 million, a price-to-earnings ratio of 18.59 and a beta of 0.72. The firm has a 50 day simple moving average of $22.55 and a 200 day simple moving average of $22.43. First Trust BuyWrite Income ETF has a 1-year low of $19.56 and a 1-year high of $23.15.

First Trust BuyWrite Income ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, August 30th. Investors of record on Wednesday, August 21st were paid a dividend of $0.168 per share. The ex-dividend date was Wednesday, August 21st. This represents a $2.02 dividend on an annualized basis and a dividend yield of 8.74%.

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.