LPL Financial LLC Boosts Stock Position in First Trust BuyWrite Income ETF (NASDAQ:FTHI)

LPL Financial LLC lifted its holdings in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 16.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,525,369 shares of the company’s stock after buying an additional 771,816 shares during the quarter. LPL Financial LLC owned approximately 11.20% of First Trust BuyWrite Income ETF worth $128,575,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. TAP Consulting LLC purchased a new position in First Trust BuyWrite Income ETF in the 4th quarter valued at about $315,000. Thrivent Financial for Lutherans acquired a new position in shares of First Trust BuyWrite Income ETF during the fourth quarter valued at approximately $226,000. IMG Wealth Management Inc. purchased a new position in shares of First Trust BuyWrite Income ETF in the fourth quarter valued at approximately $61,000. Harbour Investments Inc. boosted its stake in shares of First Trust BuyWrite Income ETF by 23.9% in the fourth quarter. Harbour Investments Inc. now owns 160,533 shares of the company’s stock worth $3,736,000 after acquiring an additional 30,918 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. increased its position in shares of First Trust BuyWrite Income ETF by 6.4% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 97,212 shares of the company’s stock worth $2,262,000 after purchasing an additional 5,885 shares in the last quarter.

First Trust BuyWrite Income ETF Stock Performance

NASDAQ FTHI opened at $22.54 on Tuesday. First Trust BuyWrite Income ETF has a one year low of $20.96 and a one year high of $24.09. The business has a fifty day moving average price of $23.09 and a 200 day moving average price of $23.25. The company has a market cap of $1.11 billion, a P/E ratio of 24.09 and a beta of 0.72.

First Trust BuyWrite Income ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 21st were paid a $0.174 dividend. The ex-dividend date was Friday, February 21st.

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.