First Trust BuyWrite Income ETF (NASDAQ:FTHI) Shares Purchased by Independent Wealth Network Inc.

Independent Wealth Network Inc. raised its holdings in First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 7.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 23,702 shares of the company’s stock after purchasing an additional 1,545 shares during the quarter. Independent Wealth Network Inc.’s holdings in First Trust BuyWrite Income ETF were worth $552,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Oppenheimer & Co. Inc. raised its position in First Trust BuyWrite Income ETF by 8.9% during the third quarter. Oppenheimer & Co. Inc. now owns 10,075 shares of the company’s stock worth $232,000 after acquiring an additional 824 shares during the last quarter. Private Advisor Group LLC grew its stake in First Trust BuyWrite Income ETF by 3.6% during the third quarter. Private Advisor Group LLC now owns 28,654 shares of the company’s stock worth $660,000 after buying an additional 985 shares during the period. Brookstone Capital Management lifted its position in shares of First Trust BuyWrite Income ETF by 3.9% during the third quarter. Brookstone Capital Management now owns 30,391 shares of the company’s stock worth $700,000 after purchasing an additional 1,147 shares in the last quarter. Gladstone Institutional Advisory LLC lifted its position in shares of First Trust BuyWrite Income ETF by 9.1% during the third quarter. Gladstone Institutional Advisory LLC now owns 13,891 shares of the company’s stock worth $320,000 after purchasing an additional 1,161 shares in the last quarter. Finally, Quad Cities Investment Group LLC lifted its position in shares of First Trust BuyWrite Income ETF by 3.7% during the third quarter. Quad Cities Investment Group LLC now owns 33,265 shares of the company’s stock worth $766,000 after purchasing an additional 1,193 shares in the last quarter.

First Trust BuyWrite Income ETF Price Performance

FTHI opened at $23.56 on Thursday. The stock has a market capitalization of $1.13 billion, a PE ratio of 18.59 and a beta of 0.72. The firm’s fifty day moving average price is $23.59 and its 200 day moving average price is $23.09. First Trust BuyWrite Income ETF has a 12-month low of $20.96 and a 12-month high of $24.09.

First Trust BuyWrite Income ETF Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 22nd will be issued a $0.174 dividend. The ex-dividend date is Wednesday, January 22nd. This is a boost from First Trust BuyWrite Income ETF’s previous dividend of $0.17.

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.