Anchor Capital Management Group Inc Makes New $1.56 Million Investment in First Trust BuyWrite Income ETF (NASDAQ:FTHI)

Anchor Capital Management Group Inc acquired a new position in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 67,000 shares of the company’s stock, valued at approximately $1,559,000. First Trust BuyWrite Income ETF makes up approximately 0.6% of Anchor Capital Management Group Inc’s investment portfolio, making the stock its 12th biggest holding.

A number of other large investors have also added to or reduced their stakes in the business. Perennial Investment Advisors LLC grew its holdings in First Trust BuyWrite Income ETF by 93.5% in the fourth quarter. Perennial Investment Advisors LLC now owns 75,631 shares of the company’s stock worth $1,760,000 after purchasing an additional 36,550 shares during the period. Wells Fargo & Company MN raised its position in shares of First Trust BuyWrite Income ETF by 16.3% in the fourth quarter. Wells Fargo & Company MN now owns 3,366,643 shares of the company’s stock valued at $78,342,000 after purchasing an additional 470,916 shares during the period. Level Four Advisory Services LLC boosted its stake in First Trust BuyWrite Income ETF by 2.2% in the 4th quarter. Level Four Advisory Services LLC now owns 27,360 shares of the company’s stock worth $637,000 after purchasing an additional 600 shares during the period. Tyler Stone Wealth Management purchased a new position in shares of First Trust BuyWrite Income ETF during the 4th quarter valued at $326,000. Finally, Core Wealth Partners LLC purchased a new stake in First Trust BuyWrite Income ETF in the fourth quarter valued at approximately $406,000.

First Trust BuyWrite Income ETF Stock Performance

FTHI stock opened at $20.00 on Friday. First Trust BuyWrite Income ETF has a 52 week low of $19.97 and a 52 week high of $24.09. The firm’s fifty day moving average is $22.78 and its 200 day moving average is $23.19. The firm has a market cap of $1.15 billion, a P/E ratio of 21.94 and a beta of 0.63.

First Trust BuyWrite Income ETF Announces Dividend

The company also recently announced a dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were given a $0.174 dividend. The ex-dividend date of this dividend was Thursday, March 27th.

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.