Assetmark Inc. Purchases Shares of 30,518 First Trust BuyWrite Income ETF (NASDAQ:FTHI)

Assetmark Inc. bought a new position in First Trust BuyWrite Income ETF (NASDAQ:FTHI) during the third quarter, Holdings Channel reports. The firm bought 30,518 shares of the company’s stock, valued at approximately $703,000.

Other large investors also recently bought and sold shares of the company. Western Wealth Management LLC increased its position in First Trust BuyWrite Income ETF by 16.5% during the 2nd quarter. Western Wealth Management LLC now owns 63,500 shares of the company’s stock worth $1,427,000 after purchasing an additional 9,000 shares during the period. Envestnet Asset Management Inc. increased its holdings in First Trust BuyWrite Income ETF by 34.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 334,988 shares of the company’s stock valued at $7,527,000 after purchasing an additional 85,052 shares in the last quarter. Private Advisor Group LLC grew its stake in shares of First Trust BuyWrite Income ETF by 3.6% during the third quarter. Private Advisor Group LLC now owns 28,654 shares of the company’s stock valued at $660,000 after acquiring an additional 985 shares in the last quarter. Cetera Investment Advisers grew its stake in First Trust BuyWrite Income ETF by 1,256.3% in the first quarter. Cetera Investment Advisers now owns 418,953 shares of the company’s stock worth $9,414,000 after purchasing an additional 388,064 shares in the last quarter. Finally, Raymond James & Associates lifted its holdings 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 during the last quarter.

First Trust BuyWrite Income ETF Price Performance

Shares of NASDAQ:FTHI opened at $23.47 on Friday. The stock has a market cap of $986.21 million, a price-to-earnings ratio of 18.59 and a beta of 0.72. First Trust BuyWrite Income ETF has a 12 month low of $20.78 and a 12 month high of $23.90. The stock’s 50 day moving average price is $23.13 and its 200 day moving average price is $22.70.

First Trust BuyWrite Income ETF Announces Dividend

The company also recently announced 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 8.79%. The ex-dividend date of this dividend was Tuesday, October 22nd.

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.