GPS Wealth Strategies Group LLC Buys 2,164 Shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI)

GPS Wealth Strategies Group LLC increased its holdings in First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 39.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,662 shares of the company’s stock after acquiring an additional 2,164 shares during the period. GPS Wealth Strategies Group LLC’s holdings in First Trust BuyWrite Income ETF were worth $167,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. raised its position in shares of First Trust BuyWrite Income ETF by 22.7% in the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,700 shares of the company’s stock worth $59,000 after buying an additional 500 shares in the last quarter. Benjamin Edwards Inc. grew its holdings in shares of First Trust BuyWrite Income ETF by 1.5% during the 4th quarter. Benjamin Edwards Inc. now owns 35,309 shares of the company’s stock worth $822,000 after acquiring an additional 519 shares during the period. Ameriprise Financial Inc. boosted its position in shares of First Trust BuyWrite Income ETF by 5.0% in the 4th quarter. Ameriprise Financial Inc. now owns 12,463 shares of the company’s stock worth $290,000 after purchasing an additional 591 shares in the last quarter. Level Four Advisory Services LLC boosted its position in shares of 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 in the last quarter. Finally, Kestra Private Wealth Services LLC raised its holdings in First Trust BuyWrite Income ETF by 2.2% in the 4th quarter. Kestra Private Wealth Services LLC now owns 30,786 shares of the company’s stock worth $716,000 after acquiring an additional 649 shares during the last quarter.

First Trust BuyWrite Income ETF Trading Down 0.6%

NASDAQ:FTHI opened at $22.41 on Friday. First Trust BuyWrite Income ETF has a 12 month low of $19.07 and a 12 month high of $24.09. The company has a market cap of $1.26 billion, a PE ratio of 22.95 and a beta of 0.72. The company has a 50 day simple moving average of $21.73 and a two-hundred day simple moving average of $22.62.

First Trust BuyWrite Income ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, May 30th. Stockholders of record on Wednesday, May 21st were paid a $0.163 dividend. The ex-dividend date of this dividend was Wednesday, May 21st. This represents a $1.96 annualized dividend and a dividend yield of 8.73%.

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.