Trustmark Bank Trust Department Has $1.43 Million Stake in First Trust Preferred Securities and Income ETF $FPE

Trustmark Bank Trust Department decreased its position in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 41.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 80,439 shares of the company’s stock after selling 57,108 shares during the period. Trustmark Bank Trust Department’s holdings in First Trust Preferred Securities and Income ETF were worth $1,432,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in the business. US Bancorp DE lifted its stake in First Trust Preferred Securities and Income ETF by 1.9% in the first quarter. US Bancorp DE now owns 156,286 shares of the company’s stock valued at $2,750,000 after buying an additional 2,846 shares during the period. Commonwealth Equity Services LLC lifted its stake in First Trust Preferred Securities and Income ETF by 1.0% in the 1st quarter. Commonwealth Equity Services LLC now owns 1,462,209 shares of the company’s stock valued at $25,720,000 after purchasing an additional 13,850 shares during the last quarter. ROI Financial Advisors LLC increased its holdings in shares of First Trust Preferred Securities and Income ETF by 4.6% in the first quarter. ROI Financial Advisors LLC now owns 60,780 shares of the company’s stock valued at $1,069,000 after purchasing an additional 2,682 shares during the last quarter. Atria Wealth Solutions Inc. increased its stake in shares of First Trust Preferred Securities and Income ETF by 21.7% during the first quarter. Atria Wealth Solutions Inc. now owns 227,269 shares of the company’s stock worth $3,998,000 after purchasing an additional 40,597 shares during the period. Finally, Chicago Partners Investment Group LLC raised its stake in First Trust Preferred Securities and Income ETF by 3.6% in the 1st quarter. Chicago Partners Investment Group LLC now owns 411,160 shares of the company’s stock worth $7,134,000 after purchasing an additional 14,413 shares in the last quarter.

First Trust Preferred Securities and Income ETF Trading Up 0.2%

Shares of First Trust Preferred Securities and Income ETF stock opened at $18.27 on Monday. The firm’s 50-day moving average price is $18.32 and its two-hundred day moving average price is $18.03. 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 Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, November 28th. Investors of record on Friday, November 21st were given a dividend of $0.0732 per share. The ex-dividend date was Friday, November 21st. This represents a c) dividend on an annualized basis and a yield of 4.8%.

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.