American Institute for Advanced Investment Management LLP Grows Stake in First Trust BuyWrite Income ETF (NASDAQ:FTHI)

American Institute for Advanced Investment Management LLP boosted its position in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 6.8% in the third quarter, Holdings Channel reports. The fund owned 55,410 shares of the company’s stock after purchasing an additional 3,535 shares during the quarter. American Institute for Advanced Investment Management LLP’s holdings in First Trust BuyWrite Income ETF were worth $1,276,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Private Advisor Group LLC raised its stake in shares of First Trust BuyWrite Income ETF by 3.6% in the third quarter. Private Advisor Group LLC now owns 28,654 shares of the company’s stock worth $660,000 after buying an additional 985 shares during the period. Cyndeo Wealth Partners LLC bought a new stake in First Trust BuyWrite Income ETF in the third quarter worth $503,000. Cedrus LLC lifted its position in shares of First Trust BuyWrite Income ETF by 108.8% during the third quarter. Cedrus LLC now owns 55,858 shares of the company’s stock worth $1,286,000 after purchasing an additional 29,102 shares during the last quarter. Raymond James & Associates raised its position in First Trust BuyWrite Income ETF by 3.1% during the 3rd quarter. Raymond James & Associates now owns 518,793 shares of the company’s stock valued at $11,943,000 after purchasing an additional 15,757 shares in the last quarter. Finally, Quad Cities Investment Group LLC boosted its position in First Trust BuyWrite Income ETF by 3.7% during the 3rd quarter. Quad Cities Investment Group LLC now owns 33,265 shares of the company’s stock valued at $766,000 after acquiring an additional 1,193 shares in the last quarter.

First Trust BuyWrite Income ETF Stock Up 0.2 %

Shares of First Trust BuyWrite Income ETF stock traded up $0.04 on Thursday, reaching $23.04. The stock had a trading volume of 39,074 shares, compared to its average volume of 214,087. First Trust BuyWrite Income ETF has a 1 year low of $19.56 and a 1 year high of $23.60. The stock has a market capitalization of $952.01 million, a P/E ratio of 18.59 and a beta of 0.72. The company has a 50 day moving average price of $22.89 and a 200 day moving average price of $22.55.

First Trust BuyWrite Income ETF Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Thursday, October 31st. Investors of record on Tuesday, October 22nd will be given a $0.172 dividend. The ex-dividend date of this dividend is Tuesday, October 22nd. This represents a $2.06 dividend on an annualized basis and a yield of 8.96%.

About First Trust BuyWrite Income ETF

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.