First Trust BuyWrite Income ETF (NASDAQ:FTHI) Shares Purchased by Accel Wealth Management

Accel Wealth Management raised its stake in First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 58.1% in the 4th quarter, HoldingsChannel.com reports. The fund owned 42,679 shares of the company’s stock after purchasing an additional 15,679 shares during the period. Accel Wealth Management’s holdings in First Trust BuyWrite Income ETF were worth $993,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Wilmington Savings Fund Society FSB acquired a new position in shares of First Trust BuyWrite Income ETF in the 3rd quarter valued at $50,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of First Trust BuyWrite Income ETF during the fourth quarter worth about $51,000. GoalVest Advisory LLC acquired a new position in First Trust BuyWrite Income ETF in the 3rd quarter valued at about $53,000. AdvisorNet Financial Inc purchased a new stake in First Trust BuyWrite Income ETF during the 4th quarter valued at approximately $65,000. Finally, Legacy Investment Solutions LLC purchased a new position in shares of First Trust BuyWrite Income ETF in the 3rd quarter valued at approximately $219,000.

First Trust BuyWrite Income ETF Trading Down 0.1 %

NASDAQ:FTHI opened at $23.60 on Friday. The stock’s 50 day simple moving average is $23.60 and its 200-day simple moving average is $23.10. First Trust BuyWrite Income ETF has a 12-month low of $20.96 and a 12-month high of $24.09. The firm has a market cap of $1.13 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 declared a dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 22nd will be paid a dividend of $0.174 per share. This is a positive change from First Trust BuyWrite Income ETF’s previous dividend of $0.17. The ex-dividend date is 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.