Aspect Partners LLC Acquires Shares of 10,287 First Trust Preferred Securities and Income ETF $FPE

Aspect Partners LLC bought a new position in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund bought 10,287 shares of the company’s stock, valued at approximately $183,000.

Several other hedge funds have also modified their holdings of FPE. Brown Advisory Inc. increased its position in shares of First Trust Preferred Securities and Income ETF by 1.3% in the first quarter. Brown Advisory Inc. now owns 57,241 shares of the company’s stock valued at $1,007,000 after buying an additional 740 shares in the last quarter. Parallel Advisors LLC boosted its position in shares of First Trust Preferred Securities and Income ETF by 9.7% in the 2nd quarter. Parallel Advisors LLC now owns 96,072 shares of the company’s stock worth $1,710,000 after buying an additional 8,458 shares in the last quarter. Geneos Wealth Management Inc. grew its stake in First Trust Preferred Securities and Income ETF by 4.9% in the 1st quarter. Geneos Wealth Management Inc. now owns 36,118 shares of the company’s stock valued at $635,000 after acquiring an additional 1,684 shares during the last quarter. Twelve Points Wealth Management LLC increased its holdings in First Trust Preferred Securities and Income ETF by 4.7% during the 2nd quarter. Twelve Points Wealth Management LLC now owns 487,611 shares of the company’s stock valued at $8,679,000 after acquiring an additional 21,904 shares in the last quarter. Finally, HCR Wealth Advisors increased its holdings in First Trust Preferred Securities and Income ETF by 2.7% during the 2nd quarter. HCR Wealth Advisors now owns 952,756 shares of the company’s stock valued at $16,959,000 after acquiring an additional 25,360 shares in the last quarter.

First Trust Preferred Securities and Income ETF Stock Performance

Shares of FPE opened at $18.31 on Friday. First Trust Preferred Securities and Income ETF has a 12-month low of $16.77 and a 12-month high of $18.51. The company has a 50-day moving average of $18.30 and a two-hundred day moving average of $17.92.

First Trust Preferred Securities and Income ETF Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Monday, November 17th. Shareholders of record on Monday, November 3rd will be issued a dividend of $0.0732 per share. This represents a c) dividend on an annualized basis and a yield of 4.8%. The ex-dividend date is Monday, November 3rd.

First Trust Preferred Securities and Income ETF Company Profile

The First Trust Preferred Securities and Income ETF (FPE) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that attempts to generate income by investing globally in preferred equities and income producing debt across the market cap spectrum.