First Trust Preferred Securities and Income ETF $FPE Shares Purchased by Newman Dignan & Sheerar Inc.

Newman Dignan & Sheerar Inc. raised its stake in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 10.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 449,530 shares of the company’s stock after purchasing an additional 43,759 shares during the period. First Trust Preferred Securities and Income ETF accounts for 1.7% of Newman Dignan & Sheerar Inc.’s portfolio, making the stock its 11th largest position. Newman Dignan & Sheerar Inc. owned about 0.13% of First Trust Preferred Securities and Income ETF worth $8,190,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the business. Capital Investment Advisory Services LLC increased its position in shares of First Trust Preferred Securities and Income ETF by 2.4% in the fourth quarter. Capital Investment Advisory Services LLC now owns 128,074 shares of the company’s stock worth $2,334,000 after acquiring an additional 2,946 shares in the last quarter. BIP Wealth LLC acquired a new stake in shares of First Trust Preferred Securities and Income ETF in the fourth quarter worth $283,000. Raleigh Capital Management Inc. increased its position in shares of First Trust Preferred Securities and Income ETF by 42.8% in the fourth quarter. Raleigh Capital Management Inc. now owns 2,507 shares of the company’s stock worth $46,000 after acquiring an additional 752 shares in the last quarter. Newbridge Financial Services Group Inc. acquired a new stake in shares of First Trust Preferred Securities and Income ETF in the fourth quarter worth $107,000. Finally, Country Trust Bank increased its position in shares of First Trust Preferred Securities and Income ETF by 0.8% in the fourth quarter. Country Trust Bank now owns 1,399,409 shares of the company’s stock worth $25,497,000 after acquiring an additional 11,125 shares in the last quarter.

First Trust Preferred Securities and Income ETF Price Performance

First Trust Preferred Securities and Income ETF stock opened at $17.98 on Thursday. First Trust Preferred Securities and Income ETF has a 52-week low of $16.77 and a 52-week high of $18.51. The firm has a fifty day moving average of $18.13 and a 200-day moving average of $18.24.

First Trust Preferred Securities and Income ETF Company 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. FPE was launched on Feb 12, 2013 and is managed by First Trust.