First Trust Preferred Securities and Income ETF (FPE) Shares Bought by Oxbow Advisors LLC

Oxbow Advisors LLC lifted its position in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 14.0% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 510,801 shares of the company’s stock after purchasing an additional 62,820 shares during the quarter. First Trust Preferred Securities and Income ETF makes up 1.2% of Oxbow Advisors LLC’s investment portfolio, making the stock its 18th biggest holding. Oxbow Advisors LLC owned about 0.28% of First Trust Preferred Securities and Income ETF worth $9,756,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Commonwealth Equity Services LLC boosted its position in shares of First Trust Preferred Securities and Income ETF by 6.3% in the 3rd quarter. Commonwealth Equity Services LLC now owns 566,898 shares of the company’s stock valued at $10,827,000 after purchasing an additional 33,355 shares during the period. SRS Capital Advisors Inc. acquired a new stake in shares of First Trust Preferred Securities and Income ETF in the 3rd quarter valued at about $12,011,000. Mengis Capital Management Inc. acquired a new stake in shares of First Trust Preferred Securities and Income ETF in the 3rd quarter valued at about $192,000. Chicago Partners Investment Group LLC boosted its position in shares of First Trust Preferred Securities and Income ETF by 24.5% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 51,684 shares of the company’s stock valued at $968,000 after purchasing an additional 10,165 shares during the period. Finally, Janney Montgomery Scott LLC boosted its position in shares of First Trust Preferred Securities and Income ETF by 7.5% in the 3rd quarter. Janney Montgomery Scott LLC now owns 386,679 shares of the company’s stock valued at $7,386,000 after purchasing an additional 26,928 shares during the period.

First Trust Preferred Securities and Income ETF stock opened at $18.85 on Friday. First Trust Preferred Securities and Income ETF has a twelve month low of $18.67 and a twelve month high of $20.15.

The business also recently disclosed a monthly dividend, which was paid on Wednesday, October 31st. Shareholders of record on Wednesday, October 24th were given a dividend of $0.081 per share. The ex-dividend date was Tuesday, October 23rd. This represents a $0.97 dividend on an annualized basis and a yield of 5.16%.

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

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