Traders Sell Shares of First Trust Preferred Securities and Income ETF ETF (FPE) on Strength (FPE)

Traders sold shares of First Trust Preferred Securities and Income ETF ETF (NYSEARCA:FPE) on strength during trading hours on Monday. $5.81 million flowed into the stock on the tick-up and $11.68 million flowed out of the stock on the tick-down, for a money net flow of $5.87 million out of the stock. Of all equities tracked, First Trust Preferred Securities and Income ETF ETF had the 19th highest net out-flow for the day. First Trust Preferred Securities and Income ETF ETF traded up $0.03 for the day and closed at $19.49

The business also recently declared a monthly dividend, which was paid on Thursday, March 29th. Stockholders of record on Friday, March 23rd were issued a $0.0986 dividend. The ex-dividend date of this dividend was Thursday, March 22nd. This is an increase from First Trust Preferred Securities and Income ETF ETF’s previous monthly dividend of $0.08. This represents a $1.18 dividend on an annualized basis and a dividend yield of 6.07%.

Large investors have recently made changes to their positions in the company. Beacon Financial Group boosted its position in shares of First Trust Preferred Securities and Income ETF ETF by 1.3% in the 4th quarter. Beacon Financial Group now owns 896,070 shares of the company’s stock worth $17,930,000 after purchasing an additional 11,534 shares in the last quarter. IFP Advisors Inc boosted its position in shares of First Trust Preferred Securities and Income ETF ETF by 9.2% in the 4th quarter. IFP Advisors Inc now owns 185,961 shares of the company’s stock worth $3,721,000 after purchasing an additional 15,646 shares in the last quarter. Oppenheimer & Co. Inc. boosted its position in shares of First Trust Preferred Securities and Income ETF ETF by 7.8% in the 4th quarter. Oppenheimer & Co. Inc. now owns 42,568 shares of the company’s stock worth $852,000 after purchasing an additional 3,067 shares in the last quarter. Brown Advisory Securities LLC boosted its position in shares of First Trust Preferred Securities and Income ETF ETF by 7.8% in the 4th quarter. Brown Advisory Securities LLC now owns 44,187 shares of the company’s stock worth $884,000 after purchasing an additional 3,187 shares in the last quarter. Finally, BB&T Securities LLC boosted its position in shares of First Trust Preferred Securities and Income ETF ETF by 5.4% in the 4th quarter. BB&T Securities LLC now owns 988,537 shares of the company’s stock worth $19,780,000 after purchasing an additional 50,485 shares in the last quarter.

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