Trustcore Financial Services LLC Cuts Stake in First Trust Institutional Preferred Securities and Income ETF (FPEI)

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Trustcore Financial Services LLC lessened its holdings in First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI) by 66.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,000 shares of the company’s stock after selling 5,989 shares during the period. Trustcore Financial Services LLC’s holdings in First Trust Institutional Preferred Securities and Income ETF were worth $55,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Capital Investment Advisory Services LLC purchased a new stake in First Trust Institutional Preferred Securities and Income ETF during the 4th quarter worth $673,000. Intl Fcstone Inc. increased its position in shares of First Trust Institutional Preferred Securities and Income ETF by 19.2% in the 4th quarter. Intl Fcstone Inc. now owns 17,403 shares of the company’s stock worth $317,000 after purchasing an additional 2,804 shares during the last quarter. Bogart Wealth LLC bought a new stake in shares of First Trust Institutional Preferred Securities and Income ETF in the 4th quarter worth about $77,000. B. Riley Wealth Management Inc. bought a new stake in shares of First Trust Institutional Preferred Securities and Income ETF in the 3rd quarter worth about $1,233,000. Finally, Jane Street Group LLC bought a new stake in shares of First Trust Institutional Preferred Securities and Income ETF in the 3rd quarter worth about $229,000.

Shares of FPEI traded up $0.01 during midday trading on Monday, hitting $18.71. The company had a trading volume of 200 shares, compared to its average volume of 75,978. First Trust Institutional Preferred Securities and Income ETF has a 52 week low of $17.96 and a 52 week high of $20.20.

The firm also recently declared a monthly dividend, which was paid on Thursday, January 31st. Stockholders of record on Thursday, January 24th were issued a $0.081 dividend. This represents a $0.97 annualized dividend and a dividend yield of 5.20%. The ex-dividend date of this dividend was Wednesday, January 23rd.

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

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

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