Goldstone Financial Group LLC Makes New $2.47 Million Investment in First Trust BuyWrite Income ETF $FTHI

Goldstone Financial Group LLC purchased a new position in First Trust BuyWrite Income ETF (NASDAQ:FTHI) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 104,043 shares of the company’s stock, valued at approximately $2,467,000. Goldstone Financial Group LLC owned 0.15% of First Trust BuyWrite Income ETF as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Bank of Montreal Can bought a new position in First Trust BuyWrite Income ETF during the second quarter worth $31,000. Asset Dedication LLC acquired a new stake in First Trust BuyWrite Income ETF during the 2nd quarter worth about $44,000. AdvisorNet Financial Inc raised 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 acquiring an additional 1,608 shares in the last quarter. IMG Wealth Management Inc. lifted its stake in shares of First Trust BuyWrite Income ETF by 16.6% in the 2nd quarter. IMG Wealth Management Inc. now owns 4,259 shares of the company’s stock valued at $97,000 after purchasing an additional 606 shares during the period. Finally, GPS Wealth Strategies Group LLC lifted its stake in shares of First Trust BuyWrite Income ETF by 8.8% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 8,337 shares of the company’s stock valued at $191,000 after purchasing an additional 675 shares during the period.

First Trust BuyWrite Income ETF Price Performance

NASDAQ FTHI opened at $23.82 on Monday. The business has a 50 day simple moving average of $23.64 and a 200 day simple moving average of $23.37. First Trust BuyWrite Income ETF has a one year low of $19.07 and a one year high of $24.03. The stock has a market capitalization of $1.73 billion, a P/E ratio of 25.34 and a beta of 0.64.

First Trust BuyWrite Income ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th will be given a dividend of $0.177 per share. The ex-dividend date of this dividend is Friday, December 12th. This represents a c) annualized dividend and a dividend yield of 8.9%.

First Trust BuyWrite Income ETF 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.