Centaurus Financial Inc. Makes New Investment in First Trust BuyWrite Income ETF (NASDAQ:FTHI)

Centaurus Financial Inc. bought a new stake in First Trust BuyWrite Income ETF (NASDAQ:FTHI) during the fourth quarter, HoldingsChannel.com reports. The fund bought 5,682 shares of the company’s stock, valued at approximately $132,000.

A number of other hedge funds have also made changes to their positions in FTHI. GPS Wealth Strategies Group LLC increased its holdings 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 purchasing an additional 1,152 shares in the last quarter. Golden State Wealth Management LLC acquired a new position in shares of First Trust BuyWrite Income ETF during the fourth quarter worth about $696,000. Kestra Private Wealth Services LLC boosted its position in shares of First Trust BuyWrite Income ETF by 2.2% in the fourth quarter. Kestra Private Wealth Services LLC now owns 30,786 shares of the company’s stock worth $716,000 after buying an additional 649 shares during the period. Elevation Wealth Partners LLC grew its stake in shares of First Trust BuyWrite Income ETF by 649.2% in the fourth quarter. Elevation Wealth Partners LLC now owns 173,382 shares of the company’s stock valued at $4,112,000 after buying an additional 150,240 shares in the last quarter. Finally, Sovran Advisors LLC purchased a new stake in shares of First Trust BuyWrite Income ETF during the 4th quarter valued at about $768,000.

First Trust BuyWrite Income ETF Stock Performance

First Trust BuyWrite Income ETF stock opened at $22.13 on Monday. The firm has a market capitalization of $1.25 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 stock’s 50 day moving average price is $21.50 and its 200 day moving average price is $22.68.

First Trust BuyWrite Income ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, May 30th. Stockholders of record on Wednesday, May 21st were given a dividend of $0.163 per share. The ex-dividend date was Wednesday, May 21st. This represents a $1.96 dividend on an annualized basis and a dividend yield of 8.84%.

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.