DeDora Capital Inc. Acquires 1,381 Shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

DeDora Capital Inc. lifted its position in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 10.8% during the fourth quarter, Holdings Channel reports. The institutional investor owned 14,129 shares of the company’s stock after buying an additional 1,381 shares during the quarter. DeDora Capital Inc.’s holdings in First Trust Preferred Securities and Income ETF were worth $250,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Perigon Wealth Management LLC purchased a new stake in First Trust Preferred Securities and Income ETF during the 4th quarter worth approximately $219,000. Atomi Financial Group Inc. purchased a new stake in First Trust Preferred Securities and Income ETF during the 4th quarter worth approximately $232,000. Creative Planning grew its position in First Trust Preferred Securities and Income ETF by 32.8% during the 3rd quarter. Creative Planning now owns 14,869 shares of the company’s stock worth $269,000 after purchasing an additional 3,669 shares during the last quarter. Farther Finance Advisors LLC grew its position in First Trust Preferred Securities and Income ETF by 5.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 10,174 shares of the company’s stock worth $184,000 after purchasing an additional 559 shares during the last quarter. Finally, Acorn Wealth Advisors LLC purchased a new stake in First Trust Preferred Securities and Income ETF during the 3rd quarter worth approximately $318,000.

First Trust Preferred Securities and Income ETF Price Performance

NYSEARCA:FPE opened at $17.85 on Friday. First Trust Preferred Securities and Income ETF has a twelve month low of $16.95 and a twelve month high of $18.23. The company’s 50 day moving average is $17.76 and its two-hundred day moving average is $17.87.

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.