Brookstone Capital Management Acquires 28,619 Shares of First Trust BuyWrite Income ETF $FTHI

Brookstone Capital Management grew its stake in First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 54.9% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 80,702 shares of the company’s stock after purchasing an additional 28,619 shares during the quarter. Brookstone Capital Management owned about 0.09% of First Trust BuyWrite Income ETF worth $1,852,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. LPL Financial LLC grew its position in shares of First Trust BuyWrite Income ETF by 19.6% during the 4th quarter. LPL Financial LLC now owns 9,018,353 shares of the company’s stock worth $213,013,000 after buying an additional 1,478,322 shares during the period. Wells Fargo & Company MN boosted its stake in First Trust BuyWrite Income ETF by 10.8% during the 4th quarter. Wells Fargo & Company MN now owns 6,444,777 shares of the company’s stock worth $152,226,000 after acquiring an additional 626,512 shares during the last quarter. D.A. Davidson & CO. grew its holdings in First Trust BuyWrite Income ETF by 6.9% during the fourth quarter. D.A. Davidson & CO. now owns 2,804,828 shares of the company’s stock valued at $66,250,000 after purchasing an additional 180,961 shares during the period. Ergawealth Advisors Inc. grew its holdings in First Trust BuyWrite Income ETF by 87.2% during the fourth quarter. Ergawealth Advisors Inc. now owns 2,097,358 shares of the company’s stock valued at $49,540,000 after purchasing an additional 976,948 shares during the period. Finally, Royal Bank of Canada increased its stake in First Trust BuyWrite Income ETF by 144.9% in the fourth quarter. Royal Bank of Canada now owns 2,070,586 shares of the company’s stock valued at $48,907,000 after purchasing an additional 1,225,201 shares in the last quarter.

First Trust BuyWrite Income ETF Stock Performance

FTHI opened at $23.57 on Friday. The firm’s fifty day moving average is $23.76 and its two-hundred day moving average is $23.65. The firm has a market cap of $2.13 billion, a PE ratio of 25.34 and a beta of 0.62. First Trust BuyWrite Income ETF has a twelve month low of $22.37 and a twelve month high of $24.18.

First Trust BuyWrite Income ETF Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, June 30th. Investors of record on Thursday, June 25th will be paid a dividend of $0.172 per share. The ex-dividend date of this dividend is Thursday, June 25th.

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.