Tcfg Wealth Management LLC Has $543,000 Position in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Tcfg Wealth Management LLC cut its holdings in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 2.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 30,668 shares of the company’s stock after selling 789 shares during the quarter. Tcfg Wealth Management LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $543,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Strategic Financial Concepts LLC grew its holdings in First Trust Preferred Securities and Income ETF by 740.0% in the 4th quarter. Strategic Financial Concepts LLC now owns 95,124 shares of the company’s stock valued at $1,684,000 after buying an additional 83,800 shares in the last quarter. Principal Securities Inc. grew its holdings in First Trust Preferred Securities and Income ETF by 38.7% in the 4th quarter. Principal Securities Inc. now owns 110,639 shares of the company’s stock valued at $1,958,000 after buying an additional 30,877 shares in the last quarter. Puff Wealth Management LLC acquired a new position in First Trust Preferred Securities and Income ETF in the 4th quarter valued at $1,077,000. Newman Dignan & Sheerar Inc. grew its holdings in First Trust Preferred Securities and Income ETF by 2.9% in the 4th quarter. Newman Dignan & Sheerar Inc. now owns 336,698 shares of the company’s stock valued at $5,960,000 after buying an additional 9,600 shares in the last quarter. Finally, Hickory Asset Management Inc. acquired a new position in First Trust Preferred Securities and Income ETF in the 4th quarter valued at $2,541,000.

First Trust Preferred Securities and Income ETF Stock Up 0.1 %

Shares of NYSEARCA FPE opened at $17.85 on Friday. The stock’s fifty day moving average price is $17.76 and its two-hundred day moving average price is $17.87. First Trust Preferred Securities and Income ETF has a one year low of $16.95 and a one year high of $18.23.

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.