GoalVest Advisory LLC Purchases New Stake in First Trust BuyWrite Income ETF (NASDAQ:FTHI)

GoalVest Advisory LLC purchased a new stake in First Trust BuyWrite Income ETF (NASDAQ:FTHI) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 2,300 shares of the company’s stock, valued at approximately $53,000.

Other hedge funds have also added to or reduced their stakes in the company. Western Wealth Management LLC boosted its holdings in First Trust BuyWrite Income ETF by 16.5% in the second quarter. Western Wealth Management LLC now owns 63,500 shares of the company’s stock valued at $1,427,000 after acquiring an additional 9,000 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in First Trust BuyWrite Income ETF by 34.0% in the second quarter. Envestnet Asset Management Inc. now owns 334,988 shares of the company’s stock valued at $7,527,000 after acquiring an additional 85,052 shares during the last quarter. Private Advisor Group LLC boosted its holdings in First Trust BuyWrite Income ETF by 3.6% in the third quarter. Private Advisor Group LLC now owns 28,654 shares of the company’s stock valued at $660,000 after acquiring an additional 985 shares during the last quarter. Cetera Investment Advisers boosted its holdings in First Trust BuyWrite Income ETF by 1,256.3% in the first quarter. Cetera Investment Advisers now owns 418,953 shares of the company’s stock valued at $9,414,000 after acquiring an additional 388,064 shares during the last quarter. Finally, Raymond James & Associates boosted its holdings in First Trust BuyWrite Income ETF by 3.1% in the third quarter. Raymond James & Associates now owns 518,793 shares of the company’s stock valued at $11,943,000 after acquiring an additional 15,757 shares during the last quarter.

First Trust BuyWrite Income ETF Trading Down 1.0 %

Shares of FTHI opened at $23.47 on Friday. First Trust BuyWrite Income ETF has a 1 year low of $20.78 and a 1 year high of $23.90. The stock has a market cap of $986.21 million, a P/E ratio of 18.59 and a beta of 0.72. The stock’s 50-day moving average price is $23.13 and its two-hundred day moving average price is $22.71.

First Trust BuyWrite Income ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, October 31st. Shareholders of record on Tuesday, October 22nd were issued a dividend of $0.172 per share. This represents a $2.06 dividend on an annualized basis and a yield of 8.79%. The ex-dividend date of this dividend was Tuesday, October 22nd.

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.