First Trust BuyWrite Income ETF $FTHI Shares Acquired by Royal Bank of Canada

Royal Bank of Canada increased its stake in First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 22.1% during the first quarter, HoldingsChannel reports. The firm owned 2,527,288 shares of the company’s stock after acquiring an additional 456,702 shares during the period. Royal Bank of Canada’s holdings in First Trust BuyWrite Income ETF were worth $58,001,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in FTHI. Ascentis Independent Advisors acquired a new position in First Trust BuyWrite Income ETF during the first quarter valued at $26,000. JPMorgan Chase & Co. acquired a new stake in shares of First Trust BuyWrite Income ETF in the 3rd quarter valued at $27,000. Global Retirement Partners LLC lifted its position in shares of First Trust BuyWrite Income ETF by 15.4% in the fourth quarter. Global Retirement Partners LLC now owns 3,783 shares of the company’s stock worth $89,000 after buying an additional 504 shares during the last quarter. IMG Wealth Management Inc. lifted its holdings in First Trust BuyWrite Income ETF by 15.8% in the 1st quarter. IMG Wealth Management Inc. now owns 5,594 shares of the company’s stock worth $128,000 after purchasing an additional 763 shares during the last quarter. Finally, Aptus Capital Advisors LLC boosted its holdings in shares of First Trust BuyWrite Income ETF by 21.4% during the 3rd quarter. Aptus Capital Advisors LLC now owns 5,384 shares of the company’s stock worth $128,000 after buying an additional 949 shares during the period.

First Trust BuyWrite Income ETF Stock Performance

Shares of NASDAQ:FTHI opened at $23.64 on Friday. The stock’s 50-day moving average is $23.76 and its 200-day moving average is $23.65. First Trust BuyWrite Income ETF has a 52-week low of $22.37 and a 52-week high of $24.18. The company has a market cap of $2.38 billion, a P/E ratio of 25.34 and a beta of 0.62.

First Trust BuyWrite Income ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, July 21st were paid a $0.179 dividend. The ex-dividend date was Tuesday, July 21st. This is a positive change from First Trust BuyWrite Income ETF’s previous dividend of $0.17.

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.