Perigon Wealth Management LLC Acquires New Holdings in First Trust BuyWrite Income ETF (NASDAQ:FTHI)

Perigon Wealth Management LLC acquired a new stake in First Trust BuyWrite Income ETF (NASDAQ:FTHI) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 12,520 shares of the company’s stock, valued at approximately $267,000. Perigon Wealth Management LLC owned 0.07% of First Trust BuyWrite Income ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. UBS Group AG purchased a new stake in First Trust BuyWrite Income ETF in the 3rd quarter valued at about $30,000. First Horizon Advisors Inc. raised its holdings in First Trust BuyWrite Income ETF by 310.7% in the 1st quarter. First Horizon Advisors Inc. now owns 1,988 shares of the company’s stock valued at $40,000 after buying an additional 1,504 shares during the period. Raleigh Capital Management Inc. raised its holdings in First Trust BuyWrite Income ETF by 53.5% in the 3rd quarter. Raleigh Capital Management Inc. now owns 2,846 shares of the company’s stock valued at $58,000 after buying an additional 992 shares during the period. Morgan Stanley raised its holdings in First Trust BuyWrite Income ETF by 95.0% in the 4th quarter. Morgan Stanley now owns 3,311 shares of the company’s stock valued at $64,000 after buying an additional 1,613 shares during the period. Finally, Benjamin Edwards Inc. raised its holdings in First Trust BuyWrite Income ETF by 51.8% in the 2nd quarter. Benjamin Edwards Inc. now owns 8,430 shares of the company’s stock valued at $177,000 after buying an additional 2,878 shares during the period.

First Trust BuyWrite Income ETF Price Performance

NASDAQ FTHI opened at $21.90 on Thursday. The company has a market cap of $556.70 million, a P/E ratio of 16.82 and a beta of 0.72. The stock has a 50-day moving average of $22.21 and a two-hundred day moving average of $21.43. First Trust BuyWrite Income ETF has a 1-year low of $19.56 and a 1-year high of $22.59.

First Trust BuyWrite Income ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were given a $0.16 dividend. This represents a $1.92 annualized dividend and a yield of 8.77%. The ex-dividend date of this dividend was Thursday, March 21st.

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.