Arete Wealth Advisors LLC Purchases 1,361 Shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI)

Arete Wealth Advisors LLC grew its position in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 15.2% in the third quarter, Holdings Channel reports. The firm owned 10,341 shares of the company’s stock after purchasing an additional 1,361 shares during the period. Arete Wealth Advisors LLC’s holdings in First Trust BuyWrite Income ETF were worth $237,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. LPL Financial LLC lifted its position 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. Raymond James Financial Services Advisors Inc. raised its position in shares of First Trust BuyWrite Income ETF by 8.1% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 1,771,712 shares of the company’s stock valued at $39,810,000 after buying an additional 132,884 shares in the last quarter. Legacy CG LLC lifted its holdings in shares of First Trust BuyWrite Income ETF by 0.5% during the 3rd 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 during the last quarter. Raymond James & Associates grew its position in First Trust BuyWrite Income ETF by 3.1% in 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 in the last quarter. Finally, Cambridge Investment Research Advisors Inc. increased its stake in First Trust BuyWrite Income ETF by 1.2% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 450,084 shares of the company’s stock valued at $10,113,000 after acquiring an additional 5,311 shares during the last quarter.

First Trust BuyWrite Income ETF Stock Up 0.1 %

Shares of FTHI stock opened at $23.81 on Friday. The business has a 50-day moving average price of $23.50 and a two-hundred day moving average price of $22.91. First Trust BuyWrite Income ETF has a 12-month low of $20.96 and a 12-month high of $24.09. The firm has a market cap of $1.00 billion, a P/E ratio of 18.59 and a beta of 0.72.

First Trust BuyWrite Income ETF Announces Dividend

The company also recently announced a dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be given a $0.172 dividend. The ex-dividend date of this dividend is Friday, December 13th.

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.