Harbour Investments Inc. Has $2.98 Million Stock Position in First Trust BuyWrite Income ETF (NASDAQ:FTHI)

by · The Cerbat Gem

Harbour Investments Inc. lifted its stake in First Trust BuyWrite Income ETF (NASDAQ:FTHI – Free Report) by 651.7% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 129,615 shares of the company’s stock after acquiring an additional 112,371 shares during the quarter. Harbour Investments Inc.’s holdings in First Trust BuyWrite Income ETF were worth $2,984,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. LPL Financial LLC increased its position in shares of First Trust BuyWrite Income ETF by 11.0% in the second quarter. LPL Financial LLC now owns 3,872,632 shares of the company’s stock valued at $87,018,000 after acquiring an additional 382,370 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its position in First Trust BuyWrite Income ETF by 8.1% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,771,712 shares of the company’s stock worth $39,810,000 after buying an additional 132,884 shares during the last quarter. Legacy CG LLC increased its position in First Trust BuyWrite Income ETF by 0.5% during the third quarter. Legacy CG LLC now owns 671,417 shares of the company’s stock worth $15,456,000 after buying an additional 3,220 shares during the last quarter. Raymond James & Associates increased its position in 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 buying an additional 15,757 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. increased its position in First Trust BuyWrite Income ETF by 1.2% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 450,084 shares of the company’s stock worth $10,113,000 after buying an additional 5,311 shares during the last quarter.

First Trust BuyWrite Income ETF Stock Down 0.3 %

Shares of NASDAQ FTHI opened at $23.78 on Wednesday. The business’s 50 day moving average price is $23.06 and its two-hundred day moving average price is $22.68. The company has a market cap of $999.24 million, a PE ratio of 18.59 and a beta of 0.72. First Trust BuyWrite Income ETF has a twelve month low of $20.62 and a twelve month high of $23.90.

First Trust BuyWrite Income ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, October 31st. Shareholders of record on Tuesday, October 22nd were given a dividend of $0.172 per share. This represents a $2.06 dividend on an annualized basis and a yield of 8.68%. The ex-dividend date of this dividend was Tuesday, October 22nd.

First Trust BuyWrite Income ETF Company Profile

(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.

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