Chicago Partners Investment Group LLC Buys 24,456 Shares of First Trust Preferred Securities and Income ETF (FPE)

Chicago Partners Investment Group LLC raised its stake in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 47.3% during the fourth quarter, Holdings Channel reports. The fund owned 76,140 shares of the company’s stock after buying an additional 24,456 shares during the period. Chicago Partners Investment Group LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $1,399,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of First Trust Preferred Securities and Income ETF in the third quarter worth $1,326,000. Steward Partners Investment Advisory LLC purchased a new stake in shares of First Trust Preferred Securities and Income ETF in the third quarter worth $852,000. Palo Capital Inc. purchased a new stake in shares of First Trust Preferred Securities and Income ETF in the third quarter worth $3,009,000. Creative Planning purchased a new stake in shares of First Trust Preferred Securities and Income ETF in the third quarter worth $217,000. Finally, Northern Oak Wealth Management Inc. grew its stake in shares of First Trust Preferred Securities and Income ETF by 1.8% in the third quarter. Northern Oak Wealth Management Inc. now owns 212,981 shares of the company’s stock worth $4,068,000 after acquiring an additional 3,713 shares during the last quarter.

NYSEARCA FPE opened at $18.41 on Friday. First Trust Preferred Securities and Income ETF has a 12 month low of $17.76 and a 12 month high of $20.11.

The business also recently announced a monthly dividend, which was paid on Monday, December 31st. Stockholders of record on Wednesday, December 19th were paid a $0.1064 dividend. This is a boost from First Trust Preferred Securities and Income ETF’s previous monthly dividend of $0.10. This represents a $1.28 dividend on an annualized basis and a dividend yield of 6.94%. The ex-dividend date was Tuesday, December 18th.

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

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

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