Truist Financial Corp Purchases 110,050 Shares of First Trust BuyWrite Income ETF $FTHI

Truist Financial Corp grew its position in First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 169.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 175,169 shares of the company’s stock after purchasing an additional 110,050 shares during the quarter. Truist Financial Corp owned approximately 0.21% of First Trust BuyWrite Income ETF worth $4,137,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. JPMorgan Chase & Co. bought a new position in shares of First Trust BuyWrite Income ETF in the third quarter valued at approximately $27,000. CX Institutional bought a new position in shares of First Trust BuyWrite Income ETF in the third quarter valued at approximately $36,000. Aventura Private Wealth LLC bought a new position in shares of First Trust BuyWrite Income ETF in the fourth quarter valued at approximately $51,000. Aptus Capital Advisors LLC raised its position in shares of First Trust BuyWrite Income ETF by 21.4% in the third quarter. Aptus Capital Advisors LLC now owns 5,384 shares of the company’s stock valued at $128,000 after purchasing an additional 949 shares during the period. Finally, Flagship Harbor Advisors LLC bought a new position in shares of First Trust BuyWrite Income ETF in the fourth quarter valued at approximately $143,000.

First Trust BuyWrite Income ETF Price Performance

NASDAQ:FTHI opened at $23.72 on Monday. The company’s 50 day moving average is $23.38 and its 200-day moving average is $23.60. The firm has a market cap of $2.14 billion, a price-to-earnings 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.

First Trust BuyWrite Income ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, April 30th. Stockholders of record on Tuesday, April 21st were paid a $0.172 dividend. The ex-dividend date was Tuesday, April 21st.

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.