Boyce & Associates Wealth Consulting Inc. Has $600,000 Holdings in First Trust BuyWrite Income ETF (NASDAQ:FTHI)

Boyce & Associates Wealth Consulting Inc. increased its position in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 14.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 26,054 shares of the company’s stock after buying an additional 3,261 shares during the quarter. Boyce & Associates Wealth Consulting Inc. owned 0.06% of First Trust BuyWrite Income ETF worth $600,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of FTHI. Brookstone Capital Management boosted its position in shares of First Trust BuyWrite Income ETF by 3.9% during the 3rd quarter. Brookstone Capital Management now owns 30,391 shares of the company’s stock valued at $700,000 after acquiring an additional 1,147 shares in the last quarter. ZRC Wealth Management LLC acquired a new stake in First Trust BuyWrite Income ETF during the third quarter valued at approximately $533,000. Private Client Services LLC bought a new stake in shares of First Trust BuyWrite Income ETF in the 3rd quarter valued at approximately $230,000. Northwestern Mutual Wealth Management Co. raised its holdings in shares of First Trust BuyWrite Income ETF by 16.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 74,146 shares of the company’s stock worth $1,666,000 after buying an additional 10,585 shares in the last quarter. Finally, AE Wealth Management LLC lifted its position in shares of First Trust BuyWrite Income ETF by 25.8% during the 2nd quarter. AE Wealth Management LLC now owns 27,458 shares of the company’s stock worth $617,000 after buying an additional 5,624 shares during the period.

First Trust BuyWrite Income ETF Price Performance

Shares of NASDAQ:FTHI opened at $23.04 on Wednesday. The business’s fifty day moving average price is $22.64 and its two-hundred day moving average price is $22.49. First Trust BuyWrite Income ETF has a fifty-two week low of $19.56 and a fifty-two week high of $23.17. The stock has a market capitalization of $932.43 million, a price-to-earnings ratio of 18.59 and a beta of 0.72.

First Trust BuyWrite Income ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were issued a dividend of $0.168 per share. This represents a $2.02 annualized dividend and a yield of 8.75%. The ex-dividend date was Thursday, September 26th.

First Trust BuyWrite Income ETF 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.