RFG Advisory LLC Increases Stake in First Trust BuyWrite Income ETF $FTHI

RFG Advisory LLC grew its position in First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 64.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 188,692 shares of the company’s stock after acquiring an additional 73,644 shares during the period. RFG Advisory LLC owned about 0.19% of First Trust BuyWrite Income ETF worth $4,500,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. AQR Capital Management LLC acquired a new position in First Trust BuyWrite Income ETF during the 1st quarter worth approximately $497,000. NewEdge Advisors LLC boosted its stake in shares of First Trust BuyWrite Income ETF by 31.9% in the first quarter. NewEdge Advisors LLC now owns 45,052 shares of the company’s stock valued at $985,000 after buying an additional 10,903 shares in the last quarter. Goldman Sachs Group Inc. acquired a new position in First Trust BuyWrite Income ETF during the first quarter worth $901,000. Jane Street Group LLC grew its holdings in First Trust BuyWrite Income ETF by 13.0% during the first quarter. Jane Street Group LLC now owns 84,413 shares of the company’s stock worth $1,845,000 after acquiring an additional 9,736 shares during the period. Finally, First Trust Advisors LP purchased a new position in First Trust BuyWrite Income ETF in the second quarter worth $635,000.

First Trust BuyWrite Income ETF Stock Performance

NASDAQ:FTHI opened at $23.84 on Thursday. First Trust BuyWrite Income ETF has a 1 year low of $22.37 and a 1 year high of $24.39. The stock has a fifty day moving average price of $23.88 and a two-hundred day moving average price of $23.68. The stock has a market capitalization of $2.42 billion, a price-to-earnings ratio of 25.34 and a beta of 0.62.

First Trust BuyWrite Income ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Monday, August 31st. Stockholders of record on Friday, August 21st were issued a $0.179 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 9.0%. The ex-dividend date was Friday, August 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.