First Trust BuyWrite Income ETF (NASDAQ:FTHI) Declares Dividend of $0.18

First Trust BuyWrite Income ETF (NASDAQ:FTHI) announced a dividend on Wednesday, March 25th, NASDAQ Dividends reports. Shareholders of record on Thursday, March 26th will be paid a dividend of 0.177 per share on Tuesday, March 31st. The ex-dividend date is Thursday, March 26th.

First Trust BuyWrite Income ETF Price Performance

NASDAQ FTHI traded down $0.43 on Thursday, hitting $22.75. 444,915 shares of the company’s stock were exchanged, compared to its average volume of 692,842. The firm has a market cap of $1.89 billion, a price-to-earnings ratio of 25.34 and a beta of 0.64. The firm’s 50-day moving average price is $23.61 and its two-hundred day moving average price is $23.66. First Trust BuyWrite Income ETF has a fifty-two week low of $19.07 and a fifty-two week high of $24.18.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Fermata Advisors LLC acquired a new position in shares of First Trust BuyWrite Income ETF during the 3rd quarter worth $934,000. Goldstone Financial Group LLC purchased a new position in shares of First Trust BuyWrite Income ETF in the 3rd quarter valued at about $2,467,000. Chicago Partners Investment Group LLC acquired a new stake in shares of First Trust BuyWrite Income ETF in the third quarter valued at about $2,153,000. D.A. Davidson & CO. lifted its stake in shares of First Trust BuyWrite Income ETF by 5.5% in the third quarter. D.A. Davidson & CO. now owns 2,623,867 shares of the company’s stock valued at $62,212,000 after purchasing an additional 137,478 shares during the period. Finally, Etesian Wealth Advisors Inc. purchased a new stake in First Trust BuyWrite Income ETF during the third quarter worth about $1,803,000.

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.