PCG Wealth Advisors LLC Sells 1,573 Shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI)

PCG Wealth Advisors LLC reduced its holdings in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 1.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 146,761 shares of the company’s stock after selling 1,573 shares during the quarter. First Trust BuyWrite Income ETF makes up about 1.3% of PCG Wealth Advisors LLC’s portfolio, making the stock its 25th biggest holding. PCG Wealth Advisors LLC’s holdings in First Trust BuyWrite Income ETF were worth $3,415,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in FTHI. Wilmington Savings Fund Society FSB bought a new position in shares of First Trust BuyWrite Income ETF during the 3rd quarter worth approximately $50,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of First Trust BuyWrite Income ETF during the 4th quarter worth approximately $51,000. GoalVest Advisory LLC bought a new position in shares of First Trust BuyWrite Income ETF during the 3rd quarter worth approximately $53,000. AdvisorNet Financial Inc acquired a new stake in First Trust BuyWrite Income ETF during the 4th quarter worth approximately $65,000. Finally, Legacy Investment Solutions LLC acquired a new stake in First Trust BuyWrite Income ETF during the 3rd quarter worth approximately $219,000.

First Trust BuyWrite Income ETF Trading Down 0.1 %

NASDAQ:FTHI opened at $23.60 on Friday. The stock has a market cap of $1.13 billion, a P/E ratio of 18.59 and a beta of 0.72. The stock has a 50 day simple moving average of $23.60 and a 200 day simple moving average of $23.10. First Trust BuyWrite Income ETF has a 1-year low of $20.96 and a 1-year high of $24.09.

First Trust BuyWrite Income ETF Increases Dividend

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

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.