American Institute for Advanced Investment Management LLP Sells 4,450 Shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI)

American Institute for Advanced Investment Management LLP trimmed its position in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 8.0% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 50,960 shares of the company’s stock after selling 4,450 shares during the quarter. American Institute for Advanced Investment Management LLP’s holdings in First Trust BuyWrite Income ETF were worth $1,186,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of First Trust BuyWrite Income ETF by 16.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 74,146 shares of the company’s stock worth $1,666,000 after buying an additional 10,585 shares during the last quarter. Private Client Services LLC purchased a new position in shares of First Trust BuyWrite Income ETF during the 3rd quarter worth $230,000. ZRC Wealth Management LLC bought a new stake in shares of First Trust BuyWrite Income ETF during the 3rd quarter valued at $533,000. Brookstone Capital Management increased its stake in shares of First Trust BuyWrite Income ETF by 3.9% in the 3rd quarter. Brookstone Capital Management now owns 30,391 shares of the company’s stock worth $700,000 after purchasing an additional 1,147 shares in the last quarter. Finally, Boyce & Associates Wealth Consulting Inc. raised its holdings in First Trust BuyWrite Income ETF by 14.3% in the 3rd quarter. Boyce & Associates Wealth Consulting Inc. now owns 26,054 shares of the company’s stock worth $600,000 after purchasing an additional 3,261 shares during the period.

First Trust BuyWrite Income ETF Stock Performance

NASDAQ FTHI opened at $23.50 on Thursday. The business’s fifty day moving average is $23.59 and its 200 day moving average is $23.12. First Trust BuyWrite Income ETF has a fifty-two week low of $20.96 and a fifty-two week high of $24.09. The company has a market capitalization of $1.16 billion, a PE ratio of 18.59 and a beta of 0.72.

First Trust BuyWrite Income ETF Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 22nd will be paid a dividend of $0.174 per share. The ex-dividend date 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.