Lincoln National Corp Sells 1,070 Shares of First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI)

Lincoln National Corp lowered its stake in shares of First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEIFree Report) by 3.5% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 29,417 shares of the company’s stock after selling 1,070 shares during the quarter. Lincoln National Corp’s holdings in First Trust Institutional Preferred Securities and Income ETF were worth $497,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. 1776 Wealth LLC increased its stake in First Trust Institutional Preferred Securities and Income ETF by 2.9% in the 2nd quarter. 1776 Wealth LLC now owns 168,159 shares of the company’s stock valued at $2,833,000 after buying an additional 4,796 shares during the last quarter. Stratos Wealth Partners LTD. increased its position in shares of First Trust Institutional Preferred Securities and Income ETF by 4.2% during the third quarter. Stratos Wealth Partners LTD. now owns 47,748 shares of the company’s stock valued at $806,000 after acquiring an additional 1,938 shares during the last quarter. Stonebridge Advisors LLC bought a new stake in First Trust Institutional Preferred Securities and Income ETF during the second quarter worth $1,600,000. Forum Private Client Group LLC boosted its position in First Trust Institutional Preferred Securities and Income ETF by 3.5% in the second quarter. Forum Private Client Group LLC now owns 34,610 shares of the company’s stock worth $583,000 after purchasing an additional 1,159 shares during the last quarter. Finally, U.S. Capital Wealth Advisors LLC purchased a new position in First Trust Institutional Preferred Securities and Income ETF in the second quarter worth $1,025,000.

First Trust Institutional Preferred Securities and Income ETF Stock Up 0.3 %

Shares of First Trust Institutional Preferred Securities and Income ETF stock opened at $18.05 on Wednesday. First Trust Institutional Preferred Securities and Income ETF has a 1 year low of $16.10 and a 1 year high of $18.90. The stock has a fifty day moving average price of $17.68 and a 200-day moving average price of $17.20.

About First Trust Institutional Preferred Securities and Income ETF

(Free Report)

The First Trust Institutional Preferred Securities and Income ETF (FPEI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to provide current income and total return by investing in global institutional preferred and income-producing debt securities.

Recommended Stories

Want to see what other hedge funds are holding FPEI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEIFree Report).

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

Receive News & Ratings for First Trust Institutional Preferred Securities and Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Institutional Preferred Securities and Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.