Legacy CG LLC Lowers Holdings in First Trust BuyWrite Income ETF (NASDAQ:FTHI)

Legacy CG LLC cut its stake in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 2.7% in the fourth quarter, Holdings Channel reports. The fund owned 653,369 shares of the company’s stock after selling 18,048 shares during the period. First Trust BuyWrite Income ETF comprises approximately 4.7% of Legacy CG LLC’s holdings, making the stock its 4th biggest position. Legacy CG LLC’s holdings in First Trust BuyWrite Income ETF were worth $15,204,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. GPS Wealth Strategies Group LLC increased its position in First Trust BuyWrite Income ETF by 26.5% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 5,498 shares of the company’s stock valued at $128,000 after acquiring an additional 1,152 shares in the last quarter. Capital Investment Advisory Services LLC increased its holdings in shares of First Trust BuyWrite Income ETF by 12.8% in the fourth quarter. Capital Investment Advisory Services LLC now owns 77,717 shares of the company’s stock valued at $1,808,000 after purchasing an additional 8,790 shares in the last quarter. Ferguson Shapiro LLC bought a new position in First Trust BuyWrite Income ETF in the 4th quarter worth approximately $217,000. Gateway Wealth Partners LLC bought a new position in First Trust BuyWrite Income ETF in the 4th quarter worth approximately $239,000. Finally, Kingswood Wealth Advisors LLC lifted its holdings in First Trust BuyWrite Income ETF by 195.5% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 85,400 shares of the company’s stock worth $1,987,000 after buying an additional 56,500 shares in the last quarter.

First Trust BuyWrite Income ETF Stock Performance

NASDAQ FTHI opened at $23.65 on Thursday. The stock has a market capitalization of $1.18 billion, a P/E ratio of 18.59 and a beta of 0.72. First Trust BuyWrite Income ETF has a 52 week low of $20.96 and a 52 week high of $24.09. The stock has a fifty day moving average of $23.57 and a 200-day moving average of $23.15.

First Trust BuyWrite Income ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 22nd were given a $0.174 dividend. This is a positive change from First Trust BuyWrite Income ETF’s previous dividend of $0.17. The ex-dividend date of this dividend was 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.