Main BuyWrite ETF (BUYW) To Go Ex-Dividend on February 19th

Main BuyWrite ETF (BATS:BUYW) declared a monthly dividend on Wednesday, February 18th. Shareholders of record on Thursday, February 19th will be paid a dividend of 0.0714 per share on Tuesday, February 24th. This represents a c) annualized dividend and a yield of 6.0%. The ex-dividend date of this dividend is Thursday, February 19th.

Main BuyWrite ETF Price Performance

BATS:BUYW opened at $14.24 on Friday. The company has a market capitalization of $733.93 million, a P/E ratio of 24.65 and a beta of 0.30. The business has a fifty day simple moving average of $14.31 and a two-hundred day simple moving average of $14.24. Main BuyWrite ETF has a 1 year low of $12.45 and a 1 year high of $14.39.

Institutional Investors Weigh In On Main BuyWrite ETF

Several institutional investors have recently added to or reduced their stakes in the business. GPS Wealth Strategies Group LLC purchased a new position in shares of Main BuyWrite ETF in the third quarter worth about $44,000. Kingswood Wealth Advisors LLC boosted its holdings in Main BuyWrite ETF by 18.0% in the 3rd quarter. Kingswood Wealth Advisors LLC now owns 28,948 shares of the company’s stock worth $411,000 after buying an additional 4,417 shares during the period. First Horizon Advisors Inc. grew its stake in Main BuyWrite ETF by 2.6% in the 2nd quarter. First Horizon Advisors Inc. now owns 51,555 shares of the company’s stock valued at $724,000 after buying an additional 1,296 shares in the last quarter. Silver Grove Financial Group Inc. grew its stake in Main BuyWrite ETF by 14.1% in the 4th quarter. Silver Grove Financial Group Inc. now owns 75,803 shares of the company’s stock valued at $1,086,000 after buying an additional 9,361 shares in the last quarter. Finally, Virtue Capital Management LLC raised its holdings in Main BuyWrite ETF by 3.4% during the 2nd quarter. Virtue Capital Management LLC now owns 1,246,072 shares of the company’s stock valued at $17,495,000 after acquiring an additional 41,426 shares during the period.

About Main BuyWrite ETF

The Main Buywrite ETF (BUYW) is an exchange-traded fund that mostly invests in total market equity. The fund seeks risk-adjusted total returns by actively investing in global equity ETFs combined with an option writing strategy. BUYW was launched on Dec 29, 2015 and is managed by Main Funds.