17,599 Shares in First Trust Preferred Securities and Income ETF $FPE Purchased by Foundations Investment Advisors LLC

Foundations Investment Advisors LLC purchased a new stake in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 17,599 shares of the company’s stock, valued at approximately $313,000.

Other large investors have also recently modified their holdings of the company. Hazlett Burt & Watson Inc. increased its position in shares of First Trust Preferred Securities and Income ETF by 78.7% in the second quarter. Hazlett Burt & Watson Inc. now owns 2,725 shares of the company’s stock worth $50,000 after purchasing an additional 1,200 shares during the last quarter. Quaker Wealth Management LLC lifted its position in First Trust Preferred Securities and Income ETF by 200.0% during the second quarter. Quaker Wealth Management LLC now owns 3,114 shares of the company’s stock valued at $55,000 after purchasing an additional 6,228 shares during the last quarter. Mid American Wealth Advisory Group Inc. purchased a new position in First Trust Preferred Securities and Income ETF in the 2nd quarter worth approximately $58,000. Capital Analysts LLC increased its holdings in shares of First Trust Preferred Securities and Income ETF by 13,641.0% in the 1st quarter. Capital Analysts LLC now owns 5,359 shares of the company’s stock worth $94,000 after buying an additional 5,320 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of First Trust Preferred Securities and Income ETF by 12.7% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 6,160 shares of the company’s stock worth $110,000 after buying an additional 695 shares during the last quarter.

First Trust Preferred Securities and Income ETF Stock Down 0.4%

NYSEARCA FPE opened at $18.20 on Friday. First Trust Preferred Securities and Income ETF has a 52-week low of $16.77 and a 52-week high of $18.51. The company has a fifty day moving average of $18.34 and a 200-day moving average of $17.99.

First Trust Preferred Securities and Income ETF Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, November 28th. Shareholders of record on Friday, November 21st will be paid a dividend of $0.0732 per share. The ex-dividend date of this dividend is Friday, November 21st. This represents a c) annualized dividend and a yield of 4.8%.

First Trust Preferred Securities and Income ETF 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.