Good Life Advisors LLC Has $348,000 Stock Holdings in First Trust Preferred Securities and Income ETF $FPE

Good Life Advisors LLC lowered its stake in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 29.6% during the 2nd quarter, Holdings Channel.com reports. The firm owned 19,551 shares of the company’s stock after selling 8,229 shares during the quarter. Good Life Advisors LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $348,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the company. Cetera Investment Advisers bought a new stake in First Trust Preferred Securities and Income ETF in the 1st quarter valued at about $25,303,000. Advisory Alpha LLC increased its holdings in shares of First Trust Preferred Securities and Income ETF by 204.1% during the first quarter. Advisory Alpha LLC now owns 2,000,185 shares of the company’s stock valued at $35,183,000 after acquiring an additional 1,342,527 shares in the last quarter. LPL Financial LLC raised its position in shares of First Trust Preferred Securities and Income ETF by 10.2% during the first quarter. LPL Financial LLC now owns 14,362,757 shares of the company’s stock worth $252,641,000 after purchasing an additional 1,334,701 shares during the period. Ameriprise Financial Inc. raised its position in shares of First Trust Preferred Securities and Income ETF by 41.5% during the first quarter. Ameriprise Financial Inc. now owns 3,464,598 shares of the company’s stock worth $60,938,000 after purchasing an additional 1,016,528 shares during the period. Finally, Royal Bank of Canada lifted its holdings in shares of First Trust Preferred Securities and Income ETF by 2.9% in the 1st quarter. Royal Bank of Canada now owns 17,296,239 shares of the company’s stock worth $304,241,000 after purchasing an additional 495,358 shares in the last quarter.

First Trust Preferred Securities and Income ETF Stock Performance

Shares of FPE stock opened at $18.30 on Friday. The firm has a fifty day simple moving average of $18.34 and a two-hundred day simple moving average of $17.97. First Trust Preferred Securities and Income ETF has a 12 month low of $16.77 and a 12 month high of $18.51.

First Trust Preferred Securities and Income ETF Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, November 17th. Investors of record on Monday, November 3rd will be given a $0.0732 dividend. The ex-dividend date of this dividend is Monday, November 3rd. This represents a c) annualized dividend and a yield of 4.8%.

First Trust Preferred Securities and Income ETF Company Profile

The First Trust Preferred Securities and Income ETF (FPE) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that attempts to generate income by investing globally in preferred equities and income producing debt across the market cap spectrum.