Northwestern Mutual Wealth Management Co. Sells 110,915 Shares of First Trust BuyWrite Income ETF $FTHI

Northwestern Mutual Wealth Management Co. cut its holdings in First Trust BuyWrite Income ETF (NASDAQ:FTHIFree Report) by 43.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 145,567 shares of the company’s stock after selling 110,915 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in First Trust BuyWrite Income ETF were worth $3,438,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in FTHI. JPMorgan Chase & Co. bought a new position in First Trust BuyWrite Income ETF in the 3rd quarter valued at approximately $27,000. Aventura Private Wealth LLC bought a new position in First Trust BuyWrite Income ETF in the 4th quarter valued at approximately $51,000. Aptus Capital Advisors LLC lifted its position in First Trust BuyWrite Income ETF by 21.4% in the 3rd quarter. Aptus Capital Advisors LLC now owns 5,384 shares of the company’s stock valued at $128,000 after acquiring an additional 949 shares in the last quarter. Flagship Harbor Advisors LLC bought a new position in First Trust BuyWrite Income ETF in the 4th quarter valued at approximately $143,000. Finally, Advisory Services Network LLC bought a new position in First Trust BuyWrite Income ETF in the 3rd quarter valued at approximately $175,000.

First Trust BuyWrite Income ETF Stock Performance

FTHI stock opened at $23.88 on Monday. The stock has a market capitalization of $2.15 billion, a PE ratio of 25.34 and a beta of 0.63. First Trust BuyWrite Income ETF has a 12-month low of $21.67 and a 12-month high of $24.18. The stock’s 50 day simple moving average is $23.44 and its 200 day simple moving average is $23.61.

First Trust BuyWrite Income ETF Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Friday, May 29th. Investors of record on Thursday, May 21st will be given a $0.172 dividend. The ex-dividend date of this dividend is Thursday, May 21st.

First Trust BuyWrite Income ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for First Trust BuyWrite Income ETF (NASDAQ:FTHI)

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