First Trust BuyWrite Income ETF Plans Monthly Dividend of $0.18 (NASDAQ:FTHI)

First Trust BuyWrite Income ETF (NASDAQ:FTHI) announced a monthly dividend on Tuesday, January 20th. Stockholders of record on Wednesday, January 21st will be paid a dividend of 0.177 per share on Friday, January 30th. This represents a c) annualized dividend and a dividend yield of 9.0%. The ex-dividend date of this dividend is Wednesday, January 21st.

First Trust BuyWrite Income ETF Price Performance

NASDAQ FTHI opened at $23.61 on Wednesday. The firm’s fifty day moving average price is $23.67 and its 200 day moving average price is $23.51. First Trust BuyWrite Income ETF has a 12 month low of $19.07 and a 12 month high of $24.03. The company has a market capitalization of $1.89 billion, a price-to-earnings ratio of 25.34 and a beta of 0.64.

Institutional Trading of First Trust BuyWrite Income ETF

A number of large investors have recently made changes to their positions in FTHI. Stratos Wealth Partners LTD. increased its position in First Trust BuyWrite Income ETF by 8.6% during the fourth quarter. Stratos Wealth Partners LTD. now owns 10,943 shares of the company’s stock worth $258,000 after buying an additional 863 shares during the period. Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of First Trust BuyWrite Income ETF by 2,451.4% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 12,757 shares of the company’s stock valued at $301,000 after acquiring an additional 12,257 shares during the period. Balboa Wealth Partners raised its position in First Trust BuyWrite Income ETF by 8.6% in the 4th quarter. Balboa Wealth Partners now owns 57,560 shares of the company’s stock valued at $1,360,000 after purchasing an additional 4,565 shares during the last quarter. Silver Oak Securities Incorporated boosted its stake in First Trust BuyWrite Income ETF by 8.6% during the 4th quarter. Silver Oak Securities Incorporated now owns 43,761 shares of the company’s stock worth $1,038,000 after purchasing an additional 3,471 shares during the period. Finally, Jaffetilchin Investment Partners LLC purchased a new position in First Trust BuyWrite Income ETF during the 4th quarter worth $237,000.

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.