Silver Oak Securities Incorporated Purchases Shares of 40,290 First Trust BuyWrite Income ETF $FTHI

Silver Oak Securities Incorporated acquired a new position in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 40,290 shares of the company’s stock, valued at approximately $955,000. Silver Oak Securities Incorporated owned approximately 0.06% of First Trust BuyWrite Income ETF at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of FTHI. Bank of Montreal Can bought a new stake in First Trust BuyWrite Income ETF during the second quarter valued at approximately $31,000. Asset Dedication LLC bought a new position in shares of First Trust BuyWrite Income ETF in the 2nd quarter worth $44,000. AdvisorNet Financial Inc raised its position in shares of First Trust BuyWrite Income ETF by 84.6% during the 2nd quarter. AdvisorNet Financial Inc now owns 3,508 shares of the company’s stock valued at $80,000 after buying an additional 1,608 shares in the last quarter. IMG Wealth Management Inc. lifted its holdings in shares of First Trust BuyWrite Income ETF by 16.6% during the 2nd quarter. IMG Wealth Management Inc. now owns 4,259 shares of the company’s stock worth $97,000 after acquiring an additional 606 shares during the last quarter. Finally, GPS Wealth Strategies Group LLC grew its position in First Trust BuyWrite Income ETF by 8.8% in the second quarter. GPS Wealth Strategies Group LLC now owns 8,337 shares of the company’s stock worth $191,000 after acquiring an additional 675 shares in the last quarter.

First Trust BuyWrite Income ETF Stock Up 0.6%

FTHI opened at $23.75 on Friday. The business’s fifty day simple moving average is $23.64 and its 200 day simple moving average is $23.40. First Trust BuyWrite Income ETF has a 52 week low of $19.07 and a 52 week high of $24.03. The stock has a market cap of $1.85 billion, a PE ratio of 25.34 and a beta of 0.64.

First Trust BuyWrite Income ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were issued a dividend of $0.177 per share. This represents a c) dividend on an annualized basis and a dividend yield of 8.9%. The ex-dividend date of this dividend was Friday, December 12th.

First Trust BuyWrite Income ETF Company 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.