DeDora Capital Inc. Has $227,000 Stake in First Trust Preferred Securities and Income ETF $FPE

DeDora Capital Inc. trimmed its stake in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 9.8% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,748 shares of the company’s stock after selling 1,381 shares during the period. DeDora Capital Inc.’s holdings in First Trust Preferred Securities and Income ETF were worth $227,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of FPE. Envestnet Portfolio Solutions Inc. lifted its stake in shares of First Trust Preferred Securities and Income ETF by 20.2% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 362,906 shares of the company’s stock valued at $6,384,000 after purchasing an additional 60,919 shares during the period. Woodmont Investment Counsel LLC lifted its stake in shares of First Trust Preferred Securities and Income ETF by 16.9% in the 1st quarter. Woodmont Investment Counsel LLC now owns 38,189 shares of the company’s stock valued at $672,000 after purchasing an additional 5,531 shares during the period. LVZ Inc. lifted its stake in shares of First Trust Preferred Securities and Income ETF by 2.8% in the 1st quarter. LVZ Inc. now owns 24,142 shares of the company’s stock valued at $425,000 after purchasing an additional 667 shares during the period. Mendota Financial Group LLC lifted its stake in shares of First Trust Preferred Securities and Income ETF by 20.7% in the 1st quarter. Mendota Financial Group LLC now owns 8,814 shares of the company’s stock valued at $155,000 after purchasing an additional 1,513 shares during the period. Finally, Oppenheimer & Co. Inc. lifted its stake in shares of First Trust Preferred Securities and Income ETF by 3.0% in the 1st quarter. Oppenheimer & Co. Inc. now owns 408,785 shares of the company’s stock valued at $7,191,000 after purchasing an additional 11,971 shares during the period.

First Trust Preferred Securities and Income ETF Price Performance

Shares of NYSEARCA:FPE opened at $18.44 on Friday. The business’s 50-day moving average is $18.22 and its 200-day moving average is $17.80. First Trust Preferred Securities and Income ETF has a 1 year low of $16.77 and a 1 year high of $18.47.

About First Trust Preferred Securities and Income ETF

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.