Puff Wealth Management LLC Makes New Investment in First Trust BuyWrite Income ETF $FTHI

Puff Wealth Management LLC acquired a new position in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 35,852 shares of the company’s stock, valued at approximately $855,000.

A number of other hedge funds have also made changes to their positions in FTHI. LPL Financial LLC lifted its stake in First Trust BuyWrite Income ETF by 19.6% during the fourth quarter. LPL Financial LLC now owns 9,018,353 shares of the company’s stock worth $213,013,000 after purchasing an additional 1,478,322 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in First Trust BuyWrite Income ETF by 10.8% in the fourth quarter. Wells Fargo & Company MN now owns 6,444,777 shares of the company’s stock valued at $152,226,000 after purchasing an additional 626,512 shares in the last quarter. D.A. Davidson & CO. increased its stake in First Trust BuyWrite Income ETF by 7.3% in the first quarter. D.A. Davidson & CO. now owns 3,010,900 shares of the company’s stock valued at $69,100,000 after purchasing an additional 206,072 shares during the last quarter. Royal Bank of Canada increased its stake in First Trust BuyWrite Income ETF by 22.1% in the first quarter. Royal Bank of Canada now owns 2,527,288 shares of the company’s stock valued at $58,001,000 after purchasing an additional 456,702 shares during the last quarter. Finally, Cetera Investment Advisers increased its stake in First Trust BuyWrite Income ETF by 31.1% in the first quarter. Cetera Investment Advisers now owns 1,816,393 shares of the company’s stock valued at $41,686,000 after purchasing an additional 431,366 shares during the last quarter.

First Trust BuyWrite Income ETF Trading Up 0.3%

FTHI stock opened at $23.95 on Friday. The stock has a market cap of $2.43 billion, a P/E ratio of 25.34 and a beta of 0.62. First Trust BuyWrite Income ETF has a twelve month low of $22.37 and a twelve month high of $24.18. The company’s 50 day moving average is $23.77 and its two-hundred day moving average is $23.65.

First Trust BuyWrite Income ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, July 31st. Investors of record on Tuesday, July 21st were given a $0.179 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 Tuesday, July 21st.

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.