Sanctuary Advisors LLC Acquires Shares of 17,009 First Trust BuyWrite Income ETF (NASDAQ:FTHI)

Sanctuary Advisors LLC bought a new position in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 17,009 shares of the company’s stock, valued at approximately $403,000.

Other hedge funds have also modified their holdings of the company. Envestnet Asset Management Inc. boosted its position in First Trust BuyWrite Income ETF by 34.0% during the second quarter. Envestnet Asset Management Inc. now owns 334,988 shares of the company’s stock worth $7,527,000 after acquiring an additional 85,052 shares during the last quarter. Private Advisor Group LLC lifted its stake in First Trust BuyWrite Income ETF by 3.6% in the 3rd quarter. Private Advisor Group LLC now owns 28,654 shares of the company’s stock worth $660,000 after purchasing an additional 985 shares in the last quarter. Raymond James & Associates boosted its holdings in shares of First Trust BuyWrite Income ETF by 3.1% during the 3rd quarter. Raymond James & Associates now owns 518,793 shares of the company’s stock worth $11,943,000 after purchasing an additional 15,757 shares during the last quarter. Atria Investments Inc purchased a new stake in shares of First Trust BuyWrite Income ETF in the third quarter valued at approximately $256,000. Finally, Prospera Financial Services Inc increased its holdings in shares of First Trust BuyWrite Income ETF by 7.6% in the third quarter. Prospera Financial Services Inc now owns 62,626 shares of the company’s stock valued at $1,442,000 after purchasing an additional 4,430 shares during the last quarter.

First Trust BuyWrite Income ETF Stock Performance

Shares of First Trust BuyWrite Income ETF stock opened at $23.70 on Friday. The business’s 50 day moving average price is $23.56 and its 200 day moving average price is $22.98. The company has a market cap of $995.87 million, a price-to-earnings ratio of 18.59 and a beta of 0.72. First Trust BuyWrite Income ETF has a one year low of $20.96 and a one year high of $24.09.

First Trust BuyWrite Income ETF Announces Dividend

The company also recently declared a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be given a dividend of $0.172 per share. The ex-dividend date is Friday, December 13th.

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.