Raymond James Financial Services Advisors Inc. Cuts Stake in First Trust Buy Right Income ETF (NASDAQ:FTHI)

Financial Advisors


Raymond James Financial Services Advisors, Inc. traded shares of the First Trust Buy Right Income ETF (NASDAQ: FTHI – Get Rating) at 8.2 in the fourth quarter, according to its latest 13F filing with the Securities and Exchange Commission. % reduced. The institutional investor held 65,203 shares in the company after selling 5,843 shares during the quarter. Raymond James Financial Services Advisors held a 1.06% stake in the First Trust BuyRight Income ETF, worth $1.26 million at the end of the most recent quarter.

Several other hedge funds have also recently increased or decreased their stakes in the business. UBS Group AG acquired a new stake in the First Trust Buy Right Income ETF in the third quarter for a value of about $30,000. Commonwealth Equity Services LLC acquired a new position in shares of the First Trust BuyWrite Income ETF for $203,000 during the fourth quarter. Resource Investment Advisors LLC increased his stake in the First Trust Buy Right Income ETF by 23.9% during the third quarter. Resource Investment Advisors LLC. Acquired an additional 2,386 shares during the period and now owns 12,386 shares of the company, valued at $229,000. Janie Montgomery Scott LLC acquired new shares in the First Trust Buy Right Income ETF, worth approximately $229,000, in the fourth quarter. Finally, Capital Investment Advisory Services LLC increased its First Trust BuyWrite Income ETF holdings by 42.2% in the fourth quarter. Capital Investment Advisory Services LLC purchased an additional 4,789 shares of his stock during the period and now owns 16,144 shares of the company, valued at $312,000.

First Trust Buy Right Income ETF trading up 0.7%

The First Trust Buy Right Income ETF stock opened Friday at $20.45. The company has a 50-day moving average price of $20.27 and a 200-day moving average price of $20.11. The First Trust Buy Right Income ETF hit a 52-week low of $18.24 and a 52-week high of $22.31. The stock has a market capitalization of $174.23 million, a P/E of 16.82 and a beta of 0.72.

First Trust BuyWrite Income ETF Dividend Announcement

The company also recently announced a monthly dividend that will be paid out on Wednesday, May 31st. Shareholders of record on Wednesday, May 24 will be given his $0.151 dividend. This equates to a dividend of $1.81 for him on an annualized basis and a dividend yield of 8.86% for him. The ex-dividend date is Tuesday, May 23.

First Trust BuyWrite Income ETF Profile

(get rating)

The First Trust Buy-Right Income ETF (FTHI) is an exchange-traded fund based on the S&P 500 Index. The fund is an actively managed portfolio of US listed equities, overlaid with short calls of the S&P 500. FTHI was established on January 6, 2014 and is operated by First Trust.

Related item

First Trust Buy Right Income ETF Quarterly Institutional Ownership (NASDAQ:FTHI)

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