First Trust Preferred Securities and Income ETF $FPE Shares Purchased by Ashton Thomas Private Wealth LLC

Ashton Thomas Private Wealth LLC raised its holdings in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 3.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 593,760 shares of the company’s stock after buying an additional 21,067 shares during the period. Ashton Thomas Private Wealth LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $10,569,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Darden Wealth Group Inc lifted its position in First Trust Preferred Securities and Income ETF by 4.2% during the second quarter. Darden Wealth Group Inc now owns 149,748 shares of the company’s stock valued at $2,666,000 after buying an additional 6,063 shares in the last quarter. Glass Jacobson Investment Advisors llc lifted its position in First Trust Preferred Securities and Income ETF by 4.1% during the second quarter. Glass Jacobson Investment Advisors llc now owns 359,087 shares of the company’s stock valued at $6,392,000 after buying an additional 14,247 shares in the last quarter. Strategic Blueprint LLC lifted its position in First Trust Preferred Securities and Income ETF by 31.6% during the second quarter. Strategic Blueprint LLC now owns 96,434 shares of the company’s stock valued at $1,717,000 after buying an additional 23,182 shares in the last quarter. Principle Wealth Partners LLC lifted its position in First Trust Preferred Securities and Income ETF by 108.8% during the second quarter. Principle Wealth Partners LLC now owns 28,400 shares of the company’s stock valued at $506,000 after buying an additional 14,800 shares in the last quarter. Finally, Brookstone Capital Management lifted its position in First Trust Preferred Securities and Income ETF by 12.4% during the second quarter. Brookstone Capital Management now owns 160,523 shares of the company’s stock valued at $2,857,000 after buying an additional 17,733 shares in the last quarter.

First Trust Preferred Securities and Income ETF Price Performance

NYSEARCA FPE opened at $18.40 on Monday. The company’s fifty day simple moving average is $18.25 and its 200-day simple moving average is $17.85. First Trust Preferred Securities and Income ETF has a 52 week low of $16.77 and a 52 week high of $18.51.

First Trust Preferred Securities and Income ETF Announces Dividend

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