First Trust BuyWrite Income ETF Plans Dividend of $0.17 (NASDAQ:FTHI)

First Trust BuyWrite Income ETF (NASDAQ:FTHI) declared a dividend on Monday, April 20th, NASDAQ Dividends reports. Investors of record on Tuesday, April 21st will be paid a dividend of 0.172 per share on Thursday, April 30th. The ex-dividend date is Tuesday, April 21st.

First Trust BuyWrite Income ETF Price Performance

NASDAQ FTHI traded down $0.19 during midday trading on Tuesday, hitting $23.58. 70,572 shares of the company traded hands, compared to its average volume of 666,875. First Trust BuyWrite Income ETF has a 52 week low of $20.55 and a 52 week high of $24.18. The company’s 50-day simple moving average is $23.42 and its 200-day simple moving average is $23.61. The company has a market cap of $2.12 billion, a PE ratio of 25.34 and a beta of 0.64.

Hedge Funds Weigh In On First Trust BuyWrite Income ETF

A number of large investors have recently added to or reduced their stakes in FTHI. JPMorgan Chase & Co. purchased a new position in shares of First Trust BuyWrite Income ETF in the 3rd quarter worth approximately $27,000. GoalVest Advisory LLC boosted its stake in First Trust BuyWrite Income ETF by 82.2% in the third quarter. GoalVest Advisory LLC now owns 1,481 shares of the company’s stock valued at $35,000 after acquiring an additional 668 shares in the last quarter. CX Institutional purchased a new position in First Trust BuyWrite Income ETF in the third quarter worth $36,000. Aventura Private Wealth LLC acquired a new position in shares of First Trust BuyWrite Income ETF during the fourth quarter worth $51,000. Finally, Global Retirement Partners LLC lifted its holdings in shares of First Trust BuyWrite Income ETF by 15.4% during the 4th quarter. Global Retirement Partners LLC now owns 3,783 shares of the company’s stock valued at $89,000 after purchasing an additional 504 shares during the last quarter.

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.