Cedrus LLC Buys 29,102 Shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI)

Posted by Carolyn Dwyer on Oct 20th, 2024

Cedrus LLC lifted its stake in First Trust BuyWrite Income ETF (NASDAQ:FTHI – Free Report) by 108.8% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 55,858 shares of the company’s stock after buying an additional 29,102 shares during the quarter. Cedrus LLC owned about 0.14% of First Trust BuyWrite Income ETF worth $1,286,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. GPS Wealth Strategies Group LLC purchased a new stake in shares of First Trust BuyWrite Income ETF during the second quarter worth about $97,000. Valley Brook Capital Group Inc. purchased a new stake in shares of First Trust BuyWrite Income ETF during the second quarter worth about $215,000. Simplicity Wealth LLC purchased a new stake in shares of First Trust BuyWrite Income ETF during the third quarter worth about $220,000. Wedbush Securities Inc. purchased a new stake in shares of First Trust BuyWrite Income ETF during the second quarter worth about $218,000. Finally, J.W. Cole Advisors Inc. purchased a new stake in shares of First Trust BuyWrite Income ETF during the second quarter worth about $220,000.

First Trust BuyWrite Income ETF Trading Up 0.3 %

NASDAQ:FTHI opened at $23.40 on Friday. First Trust BuyWrite Income ETF has a 12-month low of $19.56 and a 12-month high of $23.41. The stock has a 50-day moving average price of $22.84 and a 200 day moving average price of $22.53. The stock has a market capitalization of $964.55 million, a P/E ratio of 18.59 and a beta of 0.72.

First Trust BuyWrite Income ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a dividend of $0.168 per share. This represents a $2.02 annualized dividend and a yield of 8.62%. The ex-dividend date of this dividend was Thursday, September 26th.

About First Trust BuyWrite Income ETF

(Free Report)

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.