Edmonds Duncan Registered Investment Advisors LLC Increases Holdings in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Edmonds Duncan Registered Investment Advisors LLC boosted its stake in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 0.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 149,957 shares of the company’s stock after acquiring an additional 825 shares during the quarter. Edmonds Duncan Registered Investment Advisors LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $2,597,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. OLD Mission Capital LLC boosted its stake in shares of First Trust Preferred Securities and Income ETF by 26,692.8% in the fourth quarter. OLD Mission Capital LLC now owns 2,835,478 shares of the company’s stock worth $47,806,000 after acquiring an additional 2,824,895 shares during the last quarter. International Assets Investment Management LLC boosted its position in shares of First Trust Preferred Securities and Income ETF by 1,480.0% during the 4th quarter. International Assets Investment Management LLC now owns 1,799,288 shares of the company’s stock worth $30,336,000 after acquiring an additional 1,685,412 shares in the last quarter. Stonebridge Advisors LLC boosted its position in shares of First Trust Preferred Securities and Income ETF by 241.2% during the 4th quarter. Stonebridge Advisors LLC now owns 1,972,113 shares of the company’s stock worth $33,250,000 after acquiring an additional 1,394,132 shares in the last quarter. Price Capital Management Inc. acquired a new position in shares of First Trust Preferred Securities and Income ETF during the 4th quarter worth about $20,313,000. Finally, Stratos Wealth Partners LTD. acquired a new stake in shares of First Trust Preferred Securities and Income ETF in the 4th quarter valued at about $13,331,000.

First Trust Preferred Securities and Income ETF Stock Down 0.1 %

FPE traded down $0.01 on Tuesday, hitting $17.35. 136,071 shares of the company traded hands, compared to its average volume of 1,311,282. The company has a 50 day moving average of $17.28 and a 200-day moving average of $17.15. First Trust Preferred Securities and Income ETF has a 12-month low of $15.46 and a 12-month high of $17.45.

First Trust Preferred Securities and Income ETF 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.