Avior Wealth Management LLC Grows Stock Holdings in First Trust BuyWrite Income ETF (NASDAQ:FTHI)

Avior Wealth Management LLC lifted its stake in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 9.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 62,702 shares of the company’s stock after acquiring an additional 5,217 shares during the quarter. Avior Wealth Management LLC’s holdings in First Trust BuyWrite Income ETF were worth $1,459,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of FTHI. LPL Financial LLC grew its stake in First Trust BuyWrite Income ETF by 22.7% in the third quarter. LPL Financial LLC now owns 4,753,553 shares of the company’s stock worth $109,427,000 after purchasing an additional 880,921 shares in the last quarter. Legacy CG LLC grew its position in shares of First Trust BuyWrite Income ETF by 0.5% during the 3rd quarter. Legacy CG LLC now owns 671,417 shares of the company’s stock worth $15,456,000 after buying an additional 3,220 shares in the last quarter. Stifel Financial Corp grew its position in shares of First Trust BuyWrite Income ETF by 38.4% during the 3rd quarter. Stifel Financial Corp now owns 645,420 shares of the company’s stock worth $14,858,000 after buying an additional 178,982 shares in the last quarter. Raymond James & Associates increased its stake in shares of First Trust BuyWrite Income ETF by 3.1% during the third quarter. Raymond James & Associates now owns 518,793 shares of the company’s stock valued at $11,943,000 after buying an additional 15,757 shares during the period. Finally, Dunhill Financial LLC raised its holdings in shares of First Trust BuyWrite Income ETF by 12.5% in the third quarter. Dunhill Financial LLC now owns 354,438 shares of the company’s stock valued at $8,159,000 after acquiring an additional 39,394 shares in the last quarter.

First Trust BuyWrite Income ETF Price Performance

Shares of First Trust BuyWrite Income ETF stock opened at $23.63 on Friday. The stock has a market cap of $1.13 billion, a price-to-earnings ratio of 18.59 and a beta of 0.72. The firm’s 50-day moving average is $23.59 and its two-hundred day moving average is $23.09. First Trust BuyWrite Income ETF has a 1 year low of $20.96 and a 1 year high of $24.09.

First Trust BuyWrite Income ETF Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 22nd will be paid a dividend of $0.174 per share. The ex-dividend date of this dividend is Wednesday, January 22nd. This is an increase from First Trust BuyWrite Income ETF’s previous dividend of $0.17.

About First Trust BuyWrite Income ETF

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.