Etesian Wealth Advisors Inc. Makes New Investment in First Trust BuyWrite Income ETF $FTHI

Etesian Wealth Advisors Inc. acquired a new stake in First Trust BuyWrite Income ETF (NASDAQ:FTHI) in the third quarter, HoldingsChannel reports. The institutional investor acquired 76,042 shares of the company’s stock, valued at approximately $1,803,000.

Other large investors also recently modified their holdings of the company. Commonwealth Equity Services LLC increased its position in shares of First Trust BuyWrite Income ETF by 140.7% during the third quarter. Commonwealth Equity Services LLC now owns 1,545,547 shares of the company’s stock worth $36,645,000 after acquiring an additional 903,553 shares during the last quarter. Ergawealth Advisors Inc. grew its stake in First Trust BuyWrite Income ETF by 203.2% during the 3rd quarter. Ergawealth Advisors Inc. now owns 1,120,410 shares of the company’s stock valued at $26,565,000 after purchasing an additional 750,861 shares in the last quarter. CWM LLC increased its holdings in First Trust BuyWrite Income ETF by 70.8% during the 3rd quarter. CWM LLC now owns 530,406 shares of the company’s stock worth $12,576,000 after purchasing an additional 219,901 shares during the last quarter. HBW Advisory Services LLC acquired a new position in shares of First Trust BuyWrite Income ETF in the 3rd quarter valued at approximately $5,072,000. Finally, D.A. Davidson & CO. boosted its stake in shares of First Trust BuyWrite Income ETF by 5.5% during the 3rd quarter. D.A. Davidson & CO. now owns 2,623,867 shares of the company’s stock valued at $62,212,000 after buying an additional 137,478 shares during the last quarter.

First Trust BuyWrite Income ETF Trading Up 0.0%

FTHI stock opened at $23.89 on Wednesday. The firm has a 50 day simple moving average of $23.64 and a 200-day simple moving average of $23.43. The company has a market capitalization of $1.89 billion, a P/E ratio of 25.34 and a beta of 0.64. First Trust BuyWrite Income ETF has a twelve month low of $19.07 and a twelve month high of $24.03.

First Trust BuyWrite Income ETF Announces Dividend

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

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.