Cerity Partners LLC Buys New Stake in First Trust BuyWrite Income ETF (NASDAQ:FTHI)

Cerity Partners LLC bought a new stake in First Trust BuyWrite Income ETF (NASDAQ:FTHI) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 115,355 shares of the company’s stock, valued at approximately $2,464,000. Cerity Partners LLC owned about 0.63% of First Trust BuyWrite Income ETF at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of FTHI. LPL Financial LLC grew its holdings in shares of First Trust BuyWrite Income ETF by 45.3% during the third quarter. LPL Financial LLC now owns 1,890,652 shares of the company’s stock worth $38,588,000 after purchasing an additional 589,252 shares during the last quarter. Raymond James Financial Services Advisors Inc. boosted its stake in shares of First Trust BuyWrite Income ETF by 17.1% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 1,361,487 shares of the company’s stock worth $29,081,000 after buying an additional 199,176 shares during the period. Kestra Advisory Services LLC boosted its stake in shares of First Trust BuyWrite Income ETF by 8.7% during the third quarter. Kestra Advisory Services LLC now owns 496,817 shares of the company’s stock worth $10,140,000 after buying an additional 39,972 shares during the period. Raymond James & Associates boosted its stake in shares of First Trust BuyWrite Income ETF by 11.0% during the fourth quarter. Raymond James & Associates now owns 474,500 shares of the company’s stock worth $10,135,000 after buying an additional 47,120 shares during the period. Finally, RiverFront Investment Group LLC boosted its stake in shares of First Trust BuyWrite Income ETF by 52.8% during the third quarter. RiverFront Investment Group LLC now owns 379,236 shares of the company’s stock worth $7,740,000 after buying an additional 130,984 shares during the period.

First Trust BuyWrite Income ETF Stock Performance

Shares of FTHI opened at $21.85 on Friday. The company has a market capitalization of $555.43 million, a price-to-earnings ratio of 16.82 and a beta of 0.72. First Trust BuyWrite Income ETF has a fifty-two week low of $19.56 and a fifty-two week high of $22.59. The firm has a 50-day simple moving average of $22.21 and a 200-day simple moving average of $21.44.

First Trust BuyWrite Income ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were given a $0.16 dividend. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $1.92 dividend on an annualized basis and a yield of 8.79%.

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.