Concurrent Investment Advisors LLC Boosts Holdings in First Trust BuyWrite Income ETF $FTHI

Concurrent Investment Advisors LLC increased its holdings in First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 17.5% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 93,363 shares of the company’s stock after buying an additional 13,907 shares during the period. Concurrent Investment Advisors LLC owned about 0.15% of First Trust BuyWrite Income ETF worth $2,133,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. SBI Securities Co. Ltd. boosted its position in shares of First Trust BuyWrite Income ETF by 45.1% in the 1st quarter. SBI Securities Co. Ltd. now owns 1,719 shares of the company’s stock worth $38,000 after buying an additional 534 shares in the last quarter. IMG Wealth Management Inc. boosted its position in shares of First Trust BuyWrite Income ETF by 38.7% in the 1st quarter. IMG Wealth Management Inc. now owns 3,653 shares of the company’s stock worth $80,000 after buying an additional 1,020 shares in the last quarter. AdvisorNet Financial Inc boosted its position in shares of First Trust BuyWrite Income ETF by 84.6% in the 2nd quarter. AdvisorNet Financial Inc now owns 3,508 shares of the company’s stock worth $80,000 after buying an additional 1,608 shares in the last quarter. ORG Partners LLC purchased a new stake in shares of First Trust BuyWrite Income ETF in the 1st quarter worth about $176,000. Finally, Stratos Wealth Partners LTD. purchased a new stake in shares of First Trust BuyWrite Income ETF in the 1st quarter worth about $203,000.

First Trust BuyWrite Income ETF Stock Down 0.0%

First Trust BuyWrite Income ETF stock opened at $23.64 on Wednesday. First Trust BuyWrite Income ETF has a 52 week low of $19.07 and a 52 week high of $24.09. The firm’s 50-day simple moving average is $23.48 and its 200 day simple moving average is $22.59. The firm has a market capitalization of $1.65 billion, a PE ratio of 25.34 and a beta of 0.72.

First Trust BuyWrite Income ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were paid a $0.171 dividend. The ex-dividend date of this dividend was Thursday, September 25th. This represents a c) annualized dividend and a yield of 8.7%.

About First Trust BuyWrite Income ETF

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.