Kingsview Wealth Management LLC Raises Stock Position in First Trust Preferred Securities and Income ETF $FPE

Kingsview Wealth Management LLC lifted its stake in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 24.2% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 177,189 shares of the company’s stock after purchasing an additional 34,537 shares during the quarter. Kingsview Wealth Management LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $3,154,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the stock. Hazlett Burt & Watson Inc. purchased a new position in shares of First Trust Preferred Securities and Income ETF in the 1st quarter worth $28,000. Quaker Wealth Management LLC lifted its stake in shares of First Trust Preferred Securities and Income ETF by 200.0% during the 2nd quarter. Quaker Wealth Management LLC now owns 3,114 shares of the company’s stock worth $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 second quarter worth $58,000. Capital Analysts LLC boosted its stake in 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 purchasing an additional 5,320 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of First Trust Preferred Securities and Income ETF by 12.7% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 6,160 shares of the company’s stock worth $110,000 after purchasing an additional 695 shares during the period.

First Trust Preferred Securities and Income ETF Trading Up 0.1%

Shares of FPE stock opened at $18.26 on Wednesday. The stock has a 50 day moving average of $18.34 and a 200 day moving average of $17.99. First Trust Preferred Securities and Income ETF has a twelve month low of $16.77 and a twelve month high of $18.51.

First Trust Preferred Securities and Income ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Monday, November 17th. Stockholders of record on Monday, November 3rd were issued a dividend of $0.0732 per share. This represents a c) annualized dividend and a dividend yield of 4.8%. The ex-dividend date was Monday, November 3rd.

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.