Legacy CG LLC Cuts Stock Position in First Trust BuyWrite Income ETF (NASDAQ:FTHI)

Legacy CG LLC cut its holdings in First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 2.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 653,369 shares of the company’s stock after selling 18,048 shares during the quarter. First Trust BuyWrite Income ETF comprises approximately 4.7% of Legacy CG LLC’s holdings, making the stock its 4th largest position. Legacy CG LLC owned about 1.36% of First Trust BuyWrite Income ETF worth $15,204,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. LPL Financial LLC grew its holdings in First Trust BuyWrite Income ETF by 22.7% during the third quarter. LPL Financial LLC now owns 4,753,553 shares of the company’s stock valued at $109,427,000 after purchasing an additional 880,921 shares during the last quarter. Stifel Financial Corp grew its stake in First Trust BuyWrite Income ETF by 38.4% in the 3rd quarter. Stifel Financial Corp now owns 645,420 shares of the company’s stock valued at $14,858,000 after buying an additional 178,982 shares during the last quarter. Raymond James & Associates raised its holdings in First Trust BuyWrite Income ETF by 3.1% in the 3rd 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 period. Dunhill Financial LLC lifted its position in First Trust BuyWrite Income ETF by 12.5% during the 3rd quarter. Dunhill Financial LLC now owns 354,438 shares of the company’s stock worth $8,159,000 after acquiring an additional 39,394 shares during the last quarter. Finally, Janney Montgomery Scott LLC boosted its holdings in First Trust BuyWrite Income ETF by 32.5% during the fourth quarter. Janney Montgomery Scott LLC now owns 333,080 shares of the company’s stock valued at $7,751,000 after acquiring an additional 81,775 shares during the period.

First Trust BuyWrite Income ETF Stock Performance

NASDAQ FTHI opened at $23.65 on Thursday. The stock has a market capitalization of $1.18 billion, a PE ratio of 18.59 and a beta of 0.72. The stock has a 50-day simple moving average of $23.57 and a 200 day simple moving average of $23.15. First Trust BuyWrite Income ETF has a twelve month low of $20.96 and a twelve month high of $24.09.

First Trust BuyWrite Income ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, January 31st. Stockholders of record on Wednesday, January 22nd were issued 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 was 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.