First Trust BuyWrite Income ETF (NASDAQ:FTHI) Position Increased by Castle Rock Wealth Management LLC

Castle Rock Wealth Management LLC raised its position in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 6.1% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 14,670 shares of the company’s stock after buying an additional 845 shares during the period. Castle Rock Wealth Management LLC’s holdings in First Trust BuyWrite Income ETF were worth $348,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. B. Riley Wealth Advisors Inc. purchased a new stake in First Trust BuyWrite Income ETF during the fourth quarter valued at about $228,000. ARQ Wealth Advisors LLC lifted its stake in First Trust BuyWrite Income ETF by 15.0% during the fourth quarter. ARQ Wealth Advisors LLC now owns 74,563 shares of the company’s stock valued at $1,735,000 after buying an additional 9,753 shares in the last quarter. Snowden Capital Advisors LLC lifted its stake in First Trust BuyWrite Income ETF by 10.5% during the fourth quarter. Snowden Capital Advisors LLC now owns 203,215 shares of the company’s stock valued at $4,729,000 after buying an additional 19,296 shares in the last quarter. Dunhill Financial LLC lifted its stake in First Trust BuyWrite Income ETF by 14.3% during the fourth quarter. Dunhill Financial LLC now owns 405,109 shares of the company’s stock valued at $9,427,000 after buying an additional 50,671 shares in the last quarter. Finally, CoreCap Advisors LLC lifted its stake in First Trust BuyWrite Income ETF by 20.9% during the fourth quarter. CoreCap Advisors LLC now owns 9,720 shares of the company’s stock valued at $226,000 after buying an additional 1,678 shares in the last quarter.

First Trust BuyWrite Income ETF Trading Up 1.6%

FTHI stock opened at $22.16 on Wednesday. First Trust BuyWrite Income ETF has a one year low of $19.07 and a one year high of $24.09. The firm has a market capitalization of $1.25 billion, a PE ratio of 22.73 and a beta of 0.72. The firm has a 50-day moving average of $21.52 and a two-hundred day moving average of $22.73.

First Trust BuyWrite Income ETF Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, May 30th. Stockholders of record on Wednesday, May 21st will be given a $0.163 dividend. This represents a $1.96 dividend on an annualized basis and a dividend yield of 8.83%. The ex-dividend date is Wednesday, May 21st.

First Trust BuyWrite Income ETF 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.