Strategic Blueprint LLC Decreases Holdings in First Trust Preferred Securities and Income ETF (FPE)

Strategic Blueprint LLC reduced its position in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 12.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 73,537 shares of the company’s stock after selling 10,040 shares during the quarter. Strategic Blueprint LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $1,402,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in FPE. Quad Cities Investment Group LLC grew its stake in shares of First Trust Preferred Securities and Income ETF by 3.6% in the 1st quarter. Quad Cities Investment Group LLC now owns 232,177 shares of the company’s stock valued at $4,426,000 after buying an additional 8,151 shares during the period. Burns J W & Co. Inc. NY lifted its holdings in shares of First Trust Preferred Securities and Income ETF by 6.8% in the 1st quarter. Burns J W & Co. Inc. NY now owns 49,600 shares of the company’s stock worth $945,000 after acquiring an additional 3,175 shares during the last quarter. First Hawaiian Bank acquired a new position in shares of First Trust Preferred Securities and Income ETF in the 1st quarter worth approximately $293,000. Park National Corp OH lifted its holdings in shares of First Trust Preferred Securities and Income ETF by 23.4% in the 1st quarter. Park National Corp OH now owns 361,587 shares of the company’s stock worth $6,891,000 after acquiring an additional 68,680 shares during the last quarter. Finally, Deutsche Bank AG acquired a new position in shares of First Trust Preferred Securities and Income ETF in the 4th quarter worth approximately $78,000.

First Trust Preferred Securities and Income ETF stock traded up $0.02 during mid-day trading on Wednesday, reaching $19.25. 157,656 shares of the company’s stock were exchanged, compared to its average volume of 1,056,708. First Trust Preferred Securities and Income ETF has a twelve month low of $17.76 and a twelve month high of $19.75.

The firm also recently announced a monthly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 22nd were issued a dividend of $0.1006 per share. The ex-dividend date was Thursday, March 21st. This is a positive change from First Trust Preferred Securities and Income ETF’s previous monthly dividend of $0.09. This represents a $1.21 dividend on an annualized basis and a yield of 6.27%.

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

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