Kraft Davis & Associates LLC Acquires New Holdings in First Trust BuyWrite Income ETF (NASDAQ:FTHI)

Kraft Davis & Associates LLC bought a new position in First Trust BuyWrite Income ETF (NASDAQ:FTHI) in the third quarter, according to the company in its most recent disclosure with the SEC. The fund bought 11,294 shares of the company’s stock, valued at approximately $259,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. GoalVest Advisory LLC bought a new stake in shares of First Trust BuyWrite Income ETF in the third quarter worth $53,000. GPS Wealth Strategies Group LLC purchased a new position in First Trust BuyWrite Income ETF in the second quarter worth about $97,000. Valley Brook Capital Group Inc. bought a new stake in shares of First Trust BuyWrite Income ETF during the 2nd quarter valued at about $215,000. Wedbush Securities Inc. purchased a new stake in shares of First Trust BuyWrite Income ETF during the 2nd quarter valued at about $218,000. Finally, J.W. Cole Advisors Inc. bought a new position in shares of First Trust BuyWrite Income ETF in the 2nd quarter worth approximately $220,000.

First Trust BuyWrite Income ETF Trading Up 1.1 %

Shares of NASDAQ FTHI opened at $23.65 on Wednesday. First Trust BuyWrite Income ETF has a 12-month low of $20.78 and a 12-month high of $23.90. The firm has a market capitalization of $993.77 million, a price-to-earnings ratio of 18.59 and a beta of 0.72. The firm has a 50 day moving average of $23.18 and a 200 day moving average of $22.74.

First Trust BuyWrite Income ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Thursday, October 31st. Stockholders 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 dividend yield of 8.73%. The ex-dividend date 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.