First Allied Advisory Services Inc. boosted its holdings in shares of First Trust Preferred Securities and Income ETF ETF (NYSEARCA:FPE) by 34.5% during the 4th quarter, HoldingsChannel reports. The fund owned 454,212 shares of the company’s stock after purchasing an additional 116,461 shares during the period. First Allied Advisory Services Inc.’s holdings in First Trust Preferred Securities and Income ETF ETF were worth $9,092,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of FPE. Beacon Financial Group lifted its holdings in First Trust Preferred Securities and Income ETF ETF by 1.3% during the fourth quarter. Beacon Financial Group now owns 896,070 shares of the company’s stock worth $17,930,000 after acquiring an additional 11,534 shares in the last quarter. Benjamin F. Edwards & Company Inc. lifted its holdings in shares of First Trust Preferred Securities and Income ETF ETF by 8.4% in the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 188,981 shares of the company’s stock valued at $3,782,000 after purchasing an additional 14,571 shares in the last quarter. Carroll Financial Associates Inc. lifted its holdings in shares of First Trust Preferred Securities and Income ETF ETF by 21.5% in the fourth quarter. Carroll Financial Associates Inc. now owns 14,107 shares of the company’s stock valued at $282,000 after purchasing an additional 2,500 shares in the last quarter. Steward Partners Investment Advisory LLC lifted its holdings in shares of First Trust Preferred Securities and Income ETF ETF by 17.8% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 45,835 shares of the company’s stock valued at $917,000 after purchasing an additional 6,910 shares in the last quarter. Finally, UMB Bank N A MO lifted its holdings in shares of First Trust Preferred Securities and Income ETF ETF by 106.1% in the fourth quarter. UMB Bank N A MO now owns 21,945 shares of the company’s stock valued at $439,000 after purchasing an additional 11,297 shares in the last quarter.

Shares of First Trust Preferred Securities and Income ETF ETF (NYSEARCA FPE) opened at $19.60 on Thursday. First Trust Preferred Securities and Income ETF ETF has a twelve month low of $19.29 and a twelve month high of $20.25.

The company also recently declared a monthly dividend, which was paid on Wednesday, January 31st. Stockholders of record on Wednesday, January 24th were issued a $0.0888 dividend. The ex-dividend date of this dividend was Tuesday, January 23rd. This represents a $1.07 dividend on an annualized basis and a dividend yield of 5.44%.

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Want to see what other hedge funds are holding FPE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Preferred Securities and Income ETF ETF (NYSEARCA:FPE).

Institutional Ownership by Quarter for First Trust Preferred Securities and Income ETF ETF (NYSEARCA:FPE)

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