Csenge Advisory Group Sells 4,582 Shares of First Trust Preferred Securities and Income ETF $FPE

Csenge Advisory Group decreased its position in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 0.7% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 667,905 shares of the company’s stock after selling 4,582 shares during the quarter. First Trust Preferred Securities and Income ETF makes up 0.6% of Csenge Advisory Group’s portfolio, making the stock its 24th biggest holding. Csenge Advisory Group owned 0.20% of First Trust Preferred Securities and Income ETF worth $11,715,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of FPE. Hazlett Burt & Watson Inc. bought a new position in First Trust Preferred Securities and Income ETF in the first quarter valued at about $28,000. Quaker Wealth Management LLC increased its position in First Trust Preferred Securities and Income ETF by 200.0% in the second quarter. Quaker Wealth Management LLC now owns 3,114 shares of the company’s stock worth $55,000 after buying an additional 6,228 shares in the last quarter. Mid American Wealth Advisory Group Inc. purchased a new stake in First Trust Preferred Securities and Income ETF in the second quarter worth about $58,000. Capital Analysts LLC increased its position in First Trust Preferred Securities and Income ETF by 13,641.0% in the first quarter. Capital Analysts LLC now owns 5,359 shares of the company’s stock worth $94,000 after buying an additional 5,320 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. increased its position in First Trust Preferred Securities and Income ETF by 12.7% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 6,160 shares of the company’s stock worth $110,000 after buying an additional 695 shares in the last quarter.

First Trust Preferred Securities and Income ETF Stock Performance

Shares of FPE opened at $18.33 on Wednesday. The business has a 50-day simple moving average of $18.30 and a two-hundred day simple moving average of $17.91. First Trust Preferred Securities and Income ETF has a 52 week low of $16.77 and a 52 week high of $18.51.

First Trust Preferred Securities and Income ETF Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, November 17th. Shareholders of record on Monday, November 3rd will be given a $0.0732 dividend. The ex-dividend date is Monday, November 3rd. This represents a c) dividend on an annualized basis and a yield of 4.8%.

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.