Good Life Advisors LLC Has $317,000 Holdings in First Trust Preferred Securities and Income ETF (FPE)

Good Life Advisors LLC boosted its position in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 58.4% during the first quarter, HoldingsChannel reports. The institutional investor owned 16,807 shares of the company’s stock after purchasing an additional 6,199 shares during the period. Good Life Advisors LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $317,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Essex Savings Bank acquired a new stake in shares of First Trust Preferred Securities and Income ETF in the 4th quarter valued at approximately $29,000. Bedel Financial Consulting Inc. acquired a new stake in First Trust Preferred Securities and Income ETF during the 4th quarter worth approximately $29,000. Moody National Bank Trust Division bought a new position in First Trust Preferred Securities and Income ETF during the 1st quarter worth approximately $36,000. Massey Quick Simon & CO. LLC bought a new stake in shares of First Trust Preferred Securities and Income ETF in the 4th quarter valued at $39,000. Finally, Advisors Asset Management Inc. increased its stake in shares of First Trust Preferred Securities and Income ETF by 126.2% in the 4th quarter. Advisors Asset Management Inc. now owns 2,321 shares of the company’s stock valued at $42,000 after acquiring an additional 1,295 shares in the last quarter.

NYSEARCA FPE opened at $19.11 on Friday. First Trust Preferred Securities and Income ETF has a 12-month low of $17.76 and a 12-month high of $19.32.

The company also recently disclosed a monthly dividend, which will be paid on Friday, May 31st. Shareholders of record on Wednesday, May 22nd will be issued a dividend of $0.103 per share. This represents a $1.24 dividend on an annualized basis and a yield of 6.47%. This is an increase from First Trust Preferred Securities and Income ETF’s previous monthly dividend of $0.08. The ex-dividend date of this dividend is Tuesday, May 21st.

WARNING: This piece was posted by The Lincolnian Online and is the property of of The Lincolnian Online. If you are viewing this piece on another site, it was copied illegally and republished in violation of U.S. & international copyright law. The correct version of this piece can be viewed at https://www.thelincolnianonline.com/2019/05/24/good-life-advisors-llc-has-317000-holdings-in-first-trust-preferred-securities-and-income-etf-fpe.html.

Read More: Should I follow buy, hold and sell recommendations?

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)

Receive News & Ratings for First Trust Preferred Securities and Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Preferred Securities and Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.