Legacy Wealth Managment LLC ID Has $655,000 Stake in First Trust BuyWrite Income ETF $FTHI

Legacy Wealth Managment LLC ID boosted its holdings in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 34.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,653 shares of the company’s stock after buying an additional 7,311 shares during the period. Legacy Wealth Managment LLC ID’s holdings in First Trust BuyWrite Income ETF were worth $655,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Bank of Montreal Can bought a new position in shares of First Trust BuyWrite Income ETF during the 2nd quarter worth about $31,000. SBI Securities Co. Ltd. increased its stake in First Trust BuyWrite Income ETF by 45.1% in the first quarter. SBI Securities Co. Ltd. now owns 1,719 shares of the company’s stock valued at $38,000 after acquiring an additional 534 shares during the period. AdvisorNet Financial Inc raised its position in First Trust BuyWrite Income ETF by 84.6% in the second quarter. AdvisorNet Financial Inc now owns 3,508 shares of the company’s stock worth $80,000 after purchasing an additional 1,608 shares in the last quarter. IMG Wealth Management Inc. raised its position in First Trust BuyWrite Income ETF by 16.6% in the second quarter. IMG Wealth Management Inc. now owns 4,259 shares of the company’s stock worth $97,000 after purchasing an additional 606 shares in the last quarter. Finally, GPS Wealth Strategies Group LLC lifted its stake in First Trust BuyWrite Income ETF by 8.8% during the second quarter. GPS Wealth Strategies Group LLC now owns 8,337 shares of the company’s stock worth $191,000 after purchasing an additional 675 shares during the period.

First Trust BuyWrite Income ETF Trading Up 0.1%

NASDAQ FTHI opened at $23.59 on Friday. First Trust BuyWrite Income ETF has a 1-year low of $19.07 and a 1-year high of $24.09. The company has a market capitalization of $1.71 billion, a price-to-earnings ratio of 25.34 and a beta of 0.64. The stock’s 50 day moving average is $23.66 and its two-hundred day moving average is $22.95.

First Trust BuyWrite Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, October 31st. Investors of record on Tuesday, October 21st were paid a $0.177 dividend. The ex-dividend date of this dividend was Tuesday, October 21st. This represents a c) annualized dividend and a yield of 9.0%. This is a positive change from First Trust BuyWrite Income ETF’s previous monthly dividend of $0.17.

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.