Janney Capital Management LLC Buys 1,078 Shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI)

Janney Capital Management LLC boosted its stake in First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 0.8% in the 1st quarter, Holdings Channel reports. The firm owned 130,082 shares of the company’s stock after acquiring an additional 1,078 shares during the quarter. Janney Capital Management LLC’s holdings in First Trust BuyWrite Income ETF were worth $2,844,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in FTHI. SBI Securities Co. Ltd. bought a new position in First Trust BuyWrite Income ETF in the 4th quarter worth about $28,000. NBC Securities Inc. purchased a new stake in shares of First Trust BuyWrite Income ETF in the 1st quarter valued at about $35,000. Kestra Investment Management LLC purchased a new stake in shares of First Trust BuyWrite Income ETF in the 4th quarter valued at about $50,000. Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of First Trust BuyWrite Income ETF by 22.7% in the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,700 shares of the company’s stock valued at $59,000 after acquiring an additional 500 shares in the last quarter. Finally, IMG Wealth Management Inc. purchased a new stake in shares of First Trust BuyWrite Income ETF in the 4th quarter valued at about $61,000.

First Trust BuyWrite Income ETF Stock Up 0.1%

NASDAQ:FTHI opened at $22.48 on Thursday. The business’s 50-day moving average price is $21.84 and its two-hundred day moving average price is $22.59. First Trust BuyWrite Income ETF has a twelve month low of $19.07 and a twelve month high of $24.09. The stock has a market cap of $1.27 billion, a P/E ratio of 22.95 and a beta of 0.72.

First Trust BuyWrite Income ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, May 30th. Shareholders of record on Wednesday, May 21st were issued a $0.163 dividend. The ex-dividend date was Wednesday, May 21st. This represents a $1.96 annualized dividend and a dividend yield of 8.70%.

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.