Jane Street Group LLC Sells 67,277 Shares of First Trust Preferred Securities and Income ETF (FPE)

Jane Street Group LLC lowered its stake in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 34.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 130,566 shares of the company’s stock after selling 67,277 shares during the period. Jane Street Group LLC owned 0.07% of First Trust Preferred Securities and Income ETF worth $2,489,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Mutual Advisors LLC lifted its stake in shares of First Trust Preferred Securities and Income ETF by 10.3% in the 2nd quarter. Mutual Advisors LLC now owns 131,954 shares of the company’s stock valued at $2,515,000 after purchasing an additional 12,298 shares during the last quarter. Centaurus Financial Inc. acquired a new position in shares of First Trust Preferred Securities and Income ETF in the 2nd quarter valued at $472,000. AE Wealth Management LLC lifted its stake in shares of First Trust Preferred Securities and Income ETF by 21.4% in the 2nd quarter. AE Wealth Management LLC now owns 18,525 shares of the company’s stock valued at $353,000 after purchasing an additional 3,268 shares during the last quarter. Ruggie Capital Group acquired a new position in shares of First Trust Preferred Securities and Income ETF in the 2nd quarter valued at $509,000. Finally, Wills Financial Group Inc. lifted its stake in shares of First Trust Preferred Securities and Income ETF by 5.2% in the 2nd quarter. Wills Financial Group Inc. now owns 313,763 shares of the company’s stock valued at $5,980,000 after purchasing an additional 15,368 shares during the last quarter.

Shares of First Trust Preferred Securities and Income ETF stock opened at $19.14 on Thursday. First Trust Preferred Securities and Income ETF has a 52 week low of $18.97 and a 52 week high of $20.20.

The firm also recently declared a monthly dividend, which will be paid on Friday, September 28th. Stockholders of record on Monday, September 17th will be paid a $0.0974 dividend. This represents a $1.17 annualized dividend and a dividend yield of 6.11%. The ex-dividend date of this dividend is Friday, September 14th. This is a positive change from First Trust Preferred Securities and Income ETF’s previous monthly dividend of $0.08.

Further Reading: Are Wall Street analysts’ stock ratings worth following?

Institutional Ownership by Quarter for First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

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