Jane Street Group LLC lessened its position in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 34.0% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 130,566 shares of the company’s stock after selling 67,277 shares during the quarter. Jane Street Group LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $2,489,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Clarus Wealth Advisors purchased a new stake in shares of First Trust Preferred Securities and Income ETF in the 2nd quarter valued at $105,000. Financial Gravity Wealth Inc. purchased a new stake in First Trust Preferred Securities and Income ETF during the 1st quarter worth about $112,000. Wagner Wealth Management LLC increased its holdings in First Trust Preferred Securities and Income ETF by 260.2% during the 2nd quarter. Wagner Wealth Management LLC now owns 6,506 shares of the company’s stock worth $124,000 after purchasing an additional 4,700 shares during the period. The Manufacturers Life Insurance Company increased its holdings in First Trust Preferred Securities and Income ETF by 685.6% during the 1st quarter. The Manufacturers Life Insurance Company now owns 6,858 shares of the company’s stock worth $133,000 after purchasing an additional 5,985 shares during the period. Finally, Wealthcare Advisory Partners LLC increased its holdings in First Trust Preferred Securities and Income ETF by 88.6% during the 1st quarter. Wealthcare Advisory Partners LLC now owns 8,955 shares of the company’s stock worth $174,000 after purchasing an additional 4,206 shares during the period.

Shares of NYSEARCA FPE opened at $19.14 on Thursday. First Trust Preferred Securities and Income ETF has a 1-year low of $18.97 and a 1-year high of $20.20.

The business also recently declared a monthly dividend, which will be paid on Friday, September 28th. Shareholders of record on Monday, September 17th will be issued a dividend of $0.0974 per share. This is an increase from First Trust Preferred Securities and Income ETF’s previous monthly dividend of $0.08. The ex-dividend date is Friday, September 14th. This represents a $1.17 annualized dividend and a yield of 6.11%.

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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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