First Trust BuyWrite Income ETF (NASDAQ:FTHI) Shares Purchased by ARQ Wealth Advisors LLC

ARQ Wealth Advisors LLC increased its position in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 15.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 74,563 shares of the company’s stock after buying an additional 9,753 shares during the quarter. ARQ Wealth Advisors LLC owned about 0.15% of First Trust BuyWrite Income ETF worth $1,735,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Snowden Capital Advisors LLC boosted its holdings in shares of First Trust BuyWrite Income ETF by 10.5% in the fourth quarter. Snowden Capital Advisors LLC now owns 203,215 shares of the company’s stock valued at $4,729,000 after acquiring an additional 19,296 shares during the period. Dunhill Financial LLC increased its holdings in shares of First Trust BuyWrite Income ETF by 14.3% in the 4th quarter. Dunhill Financial LLC now owns 405,109 shares of the company’s stock valued at $9,427,000 after acquiring an additional 50,671 shares during the period. CoreCap Advisors LLC raised its position in First Trust BuyWrite Income ETF by 20.9% in the 4th quarter. CoreCap Advisors LLC now owns 9,720 shares of the company’s stock valued at $226,000 after purchasing an additional 1,678 shares during the last quarter. Cetera Investment Advisers boosted its stake in First Trust BuyWrite Income ETF by 16.4% during the 4th quarter. Cetera Investment Advisers now owns 575,574 shares of the company’s stock worth $13,394,000 after purchasing an additional 80,886 shares during the period. Finally, Citadel Advisors LLC acquired a new stake in First Trust BuyWrite Income ETF during the 4th quarter worth $288,000.

First Trust BuyWrite Income ETF Stock Performance

NASDAQ FTHI opened at $21.82 on Friday. The firm has a market cap of $1.23 billion, a PE ratio of 22.73 and a beta of 0.72. First Trust BuyWrite Income ETF has a one year low of $19.07 and a one year high of $24.09. The firm’s fifty day moving average is $21.53 and its two-hundred day moving average is $22.76.

First Trust BuyWrite Income ETF Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, May 30th. Investors of record on Wednesday, May 21st will be issued a dividend of $0.163 per share. This represents a $1.96 dividend on an annualized basis and a dividend yield of 8.96%. The ex-dividend date of this dividend is Wednesday, May 21st.

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.