Wealthsource Partners LLC grew its stake in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 35.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 121,928 shares of the company’s stock after acquiring an additional 31,931 shares during the quarter. Wealthsource Partners LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $2,329,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. M&R Capital Management Inc. bought a new stake in First Trust Preferred Securities and Income ETF during the 3rd quarter worth approximately $191,000. Mengis Capital Management Inc. bought a new stake in First Trust Preferred Securities and Income ETF during the 3rd quarter worth approximately $192,000. Creative Planning bought a new stake in First Trust Preferred Securities and Income ETF during the 3rd quarter worth approximately $217,000. American Financial Network Advisory Services LLC increased its stake in First Trust Preferred Securities and Income ETF by 114,370.0% during the 3rd quarter. American Financial Network Advisory Services LLC now owns 11,447 shares of the company’s stock worth $219,000 after purchasing an additional 11,437 shares in the last quarter. Finally, GWM Advisors LLC bought a new stake in First Trust Preferred Securities and Income ETF during the 3rd quarter worth approximately $235,000.

NYSEARCA FPE opened at $18.24 on Thursday. First Trust Preferred Securities and Income ETF has a 52-week low of $18.18 and a 52-week high of $20.12.

The firm also recently announced a monthly dividend, which was paid on Friday, November 30th. Investors of record on Friday, November 23rd were paid a dividend of $0.1039 per share. This represents a $1.25 dividend on an annualized basis and a yield of 6.84%. This is a boost from First Trust Preferred Securities and Income ETF’s previous monthly dividend of $0.08. The ex-dividend date of this dividend was Wednesday, November 21st.

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

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