Parametric Portfolio Associates LLC Lowers Holdings in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Parametric Portfolio Associates LLC decreased its holdings in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 6.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 58,079 shares of the company’s stock after selling 4,125 shares during the quarter. Parametric Portfolio Associates LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $1,126,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Financial Management Professionals Inc. purchased a new position in First Trust Preferred Securities and Income ETF in the second quarter worth approximately $43,000. Princeton Global Asset Management LLC purchased a new position in First Trust Preferred Securities and Income ETF in the first quarter worth approximately $51,000. Coastal Investment Advisors Inc. lifted its stake in First Trust Preferred Securities and Income ETF by 123.1% in the second quarter. Coastal Investment Advisors Inc. now owns 5,866 shares of the company’s stock worth $113,000 after acquiring an additional 3,237 shares during the last quarter. Pinnacle Bank lifted its stake in First Trust Preferred Securities and Income ETF by 59.6% in the second quarter. Pinnacle Bank now owns 7,633 shares of the company’s stock worth $148,000 after acquiring an additional 2,850 shares during the last quarter. Finally, Capital Advisors Ltd. LLC lifted its stake in First Trust Preferred Securities and Income ETF by 12.8% in the second quarter. Capital Advisors Ltd. LLC now owns 9,849 shares of the company’s stock worth $191,000 after acquiring an additional 1,120 shares during the last quarter.

Shares of First Trust Preferred Securities and Income ETF stock opened at $19.81 on Friday. First Trust Preferred Securities and Income ETF has a 52-week low of $17.76 and a 52-week high of $19.86. The company has a 50 day moving average of $19.70 and a 200 day moving average of $19.42.

The company also recently declared a — dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were paid a $0.0946 dividend. The ex-dividend date was Wednesday, September 25th. This represents a yield of 5.5%.

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

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