Gateway Wealth Partners LLC Buys Shares of 10,262 First Trust BuyWrite Income ETF (NASDAQ:FTHI)

Gateway Wealth Partners LLC purchased a new position in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 10,262 shares of the company’s stock, valued at approximately $239,000.

A number of other large investors have also made changes to their positions in FTHI. LPL Financial LLC boosted its position in shares of First Trust BuyWrite Income ETF by 22.7% in the 3rd quarter. LPL Financial LLC now owns 4,753,553 shares of the company’s stock worth $109,427,000 after purchasing an additional 880,921 shares in the last quarter. Legacy CG LLC boosted its holdings in First Trust BuyWrite Income ETF by 0.5% in the third quarter. Legacy CG LLC now owns 671,417 shares of the company’s stock worth $15,456,000 after acquiring an additional 3,220 shares in the last quarter. Stifel Financial Corp boosted its holdings in First Trust BuyWrite Income ETF by 38.4% in the third quarter. Stifel Financial Corp now owns 645,420 shares of the company’s stock worth $14,858,000 after acquiring an additional 178,982 shares in the last quarter. Raymond James & Associates grew its stake in shares of First Trust BuyWrite Income ETF by 3.1% during the third quarter. Raymond James & Associates now owns 518,793 shares of the company’s stock worth $11,943,000 after acquiring an additional 15,757 shares during the last quarter. Finally, Dunhill Financial LLC increased its holdings in shares of First Trust BuyWrite Income ETF by 12.5% during the third quarter. Dunhill Financial LLC now owns 354,438 shares of the company’s stock valued at $8,159,000 after acquiring an additional 39,394 shares in the last quarter.

First Trust BuyWrite Income ETF Stock Down 0.1 %

FTHI stock opened at $23.50 on Thursday. The stock has a market capitalization of $1.16 billion, a PE ratio of 18.59 and a beta of 0.72. First Trust BuyWrite Income ETF has a 52 week low of $20.96 and a 52 week high of $24.09. The firm has a 50 day moving average of $23.59 and a 200 day moving average of $23.12.

First Trust BuyWrite Income ETF Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 22nd will be paid a dividend of $0.174 per share. This is an increase from First Trust BuyWrite Income ETF’s previous dividend of $0.17. The ex-dividend date of this dividend is Wednesday, January 22nd.

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.