First Trust BuyWrite Income ETF $FTHI Shares Sold by Janney Capital Management LLC

Janney Capital Management LLC cut its holdings in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 0.6% in the 2nd quarter, Holdings Channel reports. The firm owned 129,298 shares of the company’s stock after selling 784 shares during the period. Janney Capital Management LLC’s holdings in First Trust BuyWrite Income ETF were worth $2,954,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in FTHI. Envestnet Asset Management Inc. raised its holdings in shares of First Trust BuyWrite Income ETF by 820.0% during the first quarter. Envestnet Asset Management Inc. now owns 3,027,842 shares of the company’s stock valued at $66,189,000 after acquiring an additional 2,698,727 shares during the period. D.A. Davidson & CO. raised its holdings in shares of First Trust BuyWrite Income ETF by 2,124.1% during the first quarter. D.A. Davidson & CO. now owns 2,406,024 shares of the company’s stock valued at $52,596,000 after acquiring an additional 2,297,845 shares during the period. LPL Financial LLC raised its holdings in shares of First Trust BuyWrite Income ETF by 18.7% during the first quarter. LPL Financial LLC now owns 6,559,349 shares of the company’s stock valued at $143,387,000 after acquiring an additional 1,033,980 shares during the period. Raymond James Financial Inc. raised its holdings in shares of First Trust BuyWrite Income ETF by 27.3% during the first quarter. Raymond James Financial Inc. now owns 3,069,881 shares of the company’s stock valued at $67,108,000 after acquiring an additional 659,083 shares during the period. Finally, Janney Montgomery Scott LLC raised its holdings in shares of First Trust BuyWrite Income ETF by 108.0% during the first quarter. Janney Montgomery Scott LLC now owns 692,936 shares of the company’s stock valued at $15,148,000 after acquiring an additional 359,856 shares during the period.

First Trust BuyWrite Income ETF Price Performance

FTHI stock opened at $23.67 on Tuesday. First Trust BuyWrite Income ETF has a 52-week low of $19.07 and a 52-week high of $24.09. The company’s 50 day simple moving average is $23.33 and its 200-day simple moving average is $22.48. The firm has a market capitalization of $1.46 billion, a P/E ratio of 25.34 and a beta of 0.72.

First Trust BuyWrite Income ETF Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th will be issued a dividend of $0.171 per share. The ex-dividend date is Thursday, September 25th. This represents a c) dividend on an annualized basis and a dividend yield of 8.7%.

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.