First Trust BuyWrite Income ETF (NASDAQ:FTHI) Plans Dividend of $0.17

First Trust BuyWrite Income ETF (NASDAQ:FTHI) declared a dividend on Wednesday, June 24th, NASDAQ Dividends reports. Investors of record on Thursday, June 25th will be paid a dividend of 0.172 per share on Tuesday, June 30th. The ex-dividend date of this dividend is Thursday, June 25th.

First Trust BuyWrite Income ETF Stock Performance

First Trust BuyWrite Income ETF stock traded down $0.23 during midday trading on Thursday, reaching $23.57. 1,124,487 shares of the stock were exchanged, compared to its average volume of 714,996. The company’s fifty day moving average is $23.76 and its 200-day moving average is $23.65. The firm has a market cap of $2.13 billion, a PE ratio of 25.34 and a beta of 0.62. First Trust BuyWrite Income ETF has a 52 week low of $22.37 and a 52 week high of $24.18.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Ergawealth Advisors Inc. boosted its stake in First Trust BuyWrite Income ETF by 87.2% during the fourth quarter. Ergawealth Advisors Inc. now owns 2,097,358 shares of the company’s stock valued at $49,540,000 after buying an additional 976,948 shares during the period. CoreCap Advisors LLC raised its holdings in shares of First Trust BuyWrite Income ETF by 71.4% in the 4th quarter. CoreCap Advisors LLC now owns 60,539 shares of the company’s stock valued at $1,430,000 after acquiring an additional 25,225 shares in the last quarter. Truist Financial Corp raised its holdings in shares of First Trust BuyWrite Income ETF by 169.0% in the 4th quarter. Truist Financial Corp now owns 175,169 shares of the company’s stock valued at $4,137,000 after acquiring an additional 110,050 shares in the last quarter. Kingsview Wealth Management LLC purchased a new stake in shares of First Trust BuyWrite Income ETF in the 3rd quarter valued at about $1,129,000. Finally, US Bancorp DE boosted its position in shares of First Trust BuyWrite Income ETF by 506.5% during the 3rd quarter. US Bancorp DE now owns 112,979 shares of the company’s stock valued at $2,679,000 after acquiring an additional 94,350 shares during the last quarter.

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.