Dunhill Financial LLC Sells 9,133 Shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Dunhill Financial LLC trimmed its stake in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 29.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,237 shares of the company’s stock after selling 9,133 shares during the quarter. Dunhill Financial LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $402,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in the stock. LPL Financial LLC increased its holdings in First Trust Preferred Securities and Income ETF by 9.5% in the third quarter. LPL Financial LLC now owns 11,876,712 shares of the company’s stock worth $214,968,000 after purchasing an additional 1,035,105 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its holdings in First Trust Preferred Securities and Income ETF by 2.9% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 5,552,458 shares of the company’s stock worth $96,391,000 after purchasing an additional 157,982 shares in the last quarter. HighTower Advisors LLC increased its holdings in First Trust Preferred Securities and Income ETF by 5.0% in the third quarter. HighTower Advisors LLC now owns 2,750,301 shares of the company’s stock worth $49,777,000 after purchasing an additional 131,536 shares in the last quarter. Stifel Financial Corp increased its holdings in First Trust Preferred Securities and Income ETF by 19.9% in the third quarter. Stifel Financial Corp now owns 2,056,722 shares of the company’s stock worth $37,227,000 after purchasing an additional 341,396 shares in the last quarter. Finally, Rockefeller Capital Management L.P. increased its holdings in First Trust Preferred Securities and Income ETF by 1.2% in the third quarter. Rockefeller Capital Management L.P. now owns 1,840,066 shares of the company’s stock worth $33,290,000 after purchasing an additional 21,624 shares in the last quarter.

First Trust Preferred Securities and Income ETF Trading Up 0.2 %

Shares of FPE stock opened at $18.02 on Friday. The stock has a 50 day simple moving average of $18.01 and a two-hundred day simple moving average of $17.75. First Trust Preferred Securities and Income ETF has a fifty-two week low of $16.46 and a fifty-two week high of $18.23.

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.