Strategic Blueprint LLC Grows Holdings in First Trust Preferred Securities and Income ETF $FPE

Strategic Blueprint LLC boosted its holdings in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 31.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 96,434 shares of the company’s stock after purchasing an additional 23,182 shares during the quarter. Strategic Blueprint LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $1,717,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Principle Wealth Partners LLC raised its position in First Trust Preferred Securities and Income ETF by 108.8% in the 2nd quarter. Principle Wealth Partners LLC now owns 28,400 shares of the company’s stock valued at $506,000 after purchasing an additional 14,800 shares during the last quarter. Brookstone Capital Management raised its position in First Trust Preferred Securities and Income ETF by 12.4% in the 2nd quarter. Brookstone Capital Management now owns 160,523 shares of the company’s stock valued at $2,857,000 after purchasing an additional 17,733 shares during the last quarter. D.A. Davidson & CO. raised its position in First Trust Preferred Securities and Income ETF by 0.5% in the 2nd quarter. D.A. Davidson & CO. now owns 196,311 shares of the company’s stock valued at $3,494,000 after purchasing an additional 1,053 shares during the last quarter. Cullen Frost Bankers Inc. raised its position in First Trust Preferred Securities and Income ETF by 18.2% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 20,058 shares of the company’s stock valued at $357,000 after purchasing an additional 3,091 shares during the last quarter. Finally, Mid American Wealth Advisory Group Inc. acquired a new position in First Trust Preferred Securities and Income ETF in the 2nd quarter valued at $58,000.

First Trust Preferred Securities and Income ETF Price Performance

Shares of FPE opened at $18.40 on Friday. The company’s fifty day moving average is $18.25 and its two-hundred day moving average is $17.83. First Trust Preferred Securities and Income ETF has a 1 year low of $16.77 and a 1 year high of $18.51.

First Trust Preferred Securities and Income ETF Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, November 17th. Shareholders of record on Monday, November 3rd will be paid a $0.0732 dividend. This represents a c) annualized dividend and a yield of 4.8%. The ex-dividend date of this dividend is Monday, November 3rd.

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.