Golden State Wealth Management LLC Invests $696,000 in First Trust BuyWrite Income ETF (NASDAQ:FTHI)

Golden State Wealth Management LLC purchased a new stake in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 29,919 shares of the company’s stock, valued at approximately $696,000.

A number of other large investors also recently bought and sold shares of the business. LPL Financial LLC increased its stake in shares of First Trust BuyWrite Income ETF by 22.7% during the third quarter. LPL Financial LLC now owns 4,753,553 shares of the company’s stock valued at $109,427,000 after purchasing an additional 880,921 shares in the last quarter. Legacy CG LLC boosted its position in shares of First Trust BuyWrite Income ETF by 0.5% in the 3rd quarter. Legacy CG LLC now owns 671,417 shares of the company’s stock worth $15,456,000 after purchasing an additional 3,220 shares in the last quarter. Stifel Financial Corp grew its stake in shares of First Trust BuyWrite Income ETF by 38.4% in 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 during the last quarter. Raymond James & Associates increased its position in First Trust BuyWrite Income ETF by 3.1% during the 3rd 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 in the last quarter. Finally, Dunhill Financial LLC raised its stake in First Trust BuyWrite Income ETF by 12.5% during the third quarter. Dunhill Financial LLC now owns 354,438 shares of the company’s stock valued at $8,159,000 after buying an additional 39,394 shares during the last quarter.

First Trust BuyWrite Income ETF Trading Down 0.6 %

NASDAQ FTHI opened at $23.57 on Friday. First Trust BuyWrite Income ETF has a 12 month low of $20.96 and a 12 month high of $24.09. The stock’s fifty day moving average price is $23.57 and its 200-day moving average price is $23.15. The stock has a market cap of $1.16 billion, a P/E ratio of 18.59 and a beta of 0.72.

First Trust BuyWrite Income ETF Increases Dividend

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