OLD National Bancorp IN Lowers Stake in First Trust Preferred Securities and Income ETF (FPE)

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OLD National Bancorp IN trimmed its position in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 12.9% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 29,416 shares of the company’s stock after selling 4,346 shares during the quarter. OLD National Bancorp IN’s holdings in First Trust Preferred Securities and Income ETF were worth $562,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of FPE. Clarus Wealth Advisors bought a new stake in First Trust Preferred Securities and Income ETF during the second quarter worth $105,000. Wagner Wealth Management LLC grew its holdings in First Trust Preferred Securities and Income ETF by 260.2% during the second quarter. Wagner Wealth Management LLC now owns 6,506 shares of the company’s stock worth $124,000 after buying an additional 4,700 shares in the last quarter. The Manufacturers Life Insurance Company grew its holdings in First Trust Preferred Securities and Income ETF by 685.6% during the first quarter. The Manufacturers Life Insurance Company now owns 6,858 shares of the company’s stock worth $133,000 after buying an additional 5,985 shares in the last quarter. Stelac Advisory Services LLC bought a new stake in First Trust Preferred Securities and Income ETF during the second quarter worth $210,000. Finally, Creative Planning bought a new stake in First Trust Preferred Securities and Income ETF during the third quarter worth $217,000.

Shares of First Trust Preferred Securities and Income ETF stock opened at $18.71 on Wednesday. First Trust Preferred Securities and Income ETF has a 12-month low of $18.67 and a 12-month high of $20.19.

The business also recently declared a monthly dividend, which will be paid on Wednesday, October 31st. Investors of record on Wednesday, October 24th will be issued a dividend of $0.081 per share. The ex-dividend date of this dividend is Tuesday, October 23rd. This represents a $0.97 annualized dividend and a yield of 5.20%.

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

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