Strategic Blueprint LLC Acquires 21,899 Shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Strategic Blueprint LLC lifted its holdings in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 44.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 70,665 shares of the company’s stock after acquiring an additional 21,899 shares during the period. Strategic Blueprint LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $1,251,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Stonebridge Advisors LLC boosted its stake in First Trust Preferred Securities and Income ETF by 25.1% in the second quarter. Stonebridge Advisors LLC now owns 228,435 shares of the company’s stock valued at $3,966,000 after acquiring an additional 45,880 shares during the last quarter. Bank of Montreal Can boosted its stake in First Trust Preferred Securities and Income ETF by 11.4% in the second quarter. Bank of Montreal Can now owns 245,835 shares of the company’s stock valued at $4,287,000 after acquiring an additional 25,167 shares during the last quarter. Creekside Partners purchased a new position in First Trust Preferred Securities and Income ETF in the second quarter valued at about $354,000. Sanctuary Advisors LLC purchased a new position in First Trust Preferred Securities and Income ETF in the second quarter valued at about $5,267,000. Finally, Mattson Financial Services LLC purchased a new position in First Trust Preferred Securities and Income ETF in the second quarter valued at about $46,000.

First Trust Preferred Securities and Income ETF Stock Performance

NYSEARCA:FPE opened at $17.73 on Thursday. First Trust Preferred Securities and Income ETF has a 1 year low of $16.95 and a 1 year high of $18.23. The stock’s fifty day moving average price is $17.79 and its two-hundred day moving average price is $17.85.

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.