Sanctuary Advisors LLC Acquires New Position in First Trust BuyWrite Income ETF (NASDAQ:FTHI)

Sanctuary Advisors LLC has recently reported a new investment in the First Trust BuyWrite Income ETF (NASDAQ:FTHI) as per its latest 13F filing with the Securities and Exchange Commission (SEC). This institutional investor acquired 17,009 shares of the ETF, translating to an investment of approximately $403,000.

Other institutional investors and hedge funds have also been active shareholders in this ETF. Notably, Legacy Investment Solutions LLC joined the ranks by purchasing a new stake valued at around $219,000 in the 3rd quarter. Dunhill Financial LLC increased its position by 12.5%, now owning 354,438 shares worth about $8,159,000 after acquiring an additional 39,394 shares. Furthermore, Stifel Financial Corp expanded its holdings by 38.4%, bringing its total ownership to 645,420 shares valued at $14,858,000 following the purchase of 178,982 additional shares. IHT Wealth Management LLC also saw a 6.8% increase in holdings, owning 93,597 shares valued at $2,155,000 after securing another 5,952 shares. Additionally, Integrated Wealth Concepts LLC grew its position by 4.2%, now owning 114,520 shares worth around $2,636,000 after acquiring an extra 4,575 shares.

Performance of First Trust BuyWrite Income ETF

Shares of the First Trust BuyWrite Income ETF opened at $23.70 recently. The ETF has a market capitalization of $995.87 million, with a price-to-earnings ratio of 18.59 and a beta of 0.72. Over the past year, FTHI has recorded a low of $20.96 and a high of $24.09. Its 50-day simple moving average stands at $23.56, while its 200-day average is at $22.98.

Dividend Announcement

The First Trust BuyWrite Income ETF has announced a dividend payment scheduled for December 31st. Shareholders on record as of December 13th will receive a $0.172 dividend, with the ex-dividend date noted as December 13th.

Overview of First Trust BuyWrite Income ETF

The First Trust BuyWrite Income ETF (FTHI) is designed to track the S&P 500 index and features an actively managed portfolio of US-listed equities combined with an overlay of short calls on the S&P 500. This ETF was launched on January 6, 2014, under the management of First Trust.

investments, ETF, shares