First Trust BuyWrite Income ETF $FTHI Position Reduced by Ameritas Advisory Services LLC

Ameritas Advisory Services LLC trimmed its stake in First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 14.0% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 233,868 shares of the company’s stock after selling 38,108 shares during the quarter. Ameritas Advisory Services LLC owned 0.39% of First Trust BuyWrite Income ETF worth $5,344,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also made changes to their positions in FTHI. Truist Financial Corp increased its holdings in First Trust BuyWrite Income ETF by 11.8% in the second quarter. Truist Financial Corp now owns 94,565 shares of the company’s stock worth $2,161,000 after buying an additional 9,983 shares during the last quarter. Janney Montgomery Scott LLC grew its holdings in First Trust BuyWrite Income ETF by 13.4% during the second quarter. Janney Montgomery Scott LLC now owns 786,087 shares of the company’s stock valued at $17,962,000 after purchasing an additional 93,151 shares during the last quarter. Novem Group acquired a new position in First Trust BuyWrite Income ETF during the second quarter valued at approximately $256,000. LVZ Inc. grew its holdings in First Trust BuyWrite Income ETF by 3.6% during the second quarter. LVZ Inc. now owns 61,940 shares of the company’s stock valued at $1,415,000 after purchasing an additional 2,152 shares during the last quarter. Finally, AdvisorNet Financial Inc grew its holdings in First Trust BuyWrite Income ETF by 84.6% during the second quarter. AdvisorNet Financial Inc now owns 3,508 shares of the company’s stock valued at $80,000 after purchasing an additional 1,608 shares during the last quarter.

First Trust BuyWrite Income ETF Stock Up 0.1%

Shares of FTHI stock opened at $23.76 on Friday. The business’s 50 day moving average is $23.38 and its two-hundred day moving average is $22.51. The company has a market cap of $1.47 billion, a PE ratio of 25.34 and a beta of 0.72. First Trust BuyWrite Income ETF has a 12 month low of $19.07 and a 12 month high of $24.09.

First Trust BuyWrite Income ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were paid a $0.171 dividend. The ex-dividend date was Thursday, September 25th. This represents a c) annualized dividend and a dividend yield of 8.6%.

First Trust BuyWrite Income ETF Company Profile

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.