

Eastern Bank trimmed its stake in FT Energy Income Partners Strategy ETF (NYSEARCA:EIPX) by 52.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 98,018 shares of the company's stock after selling 107,649 shares during the period. Eastern Bank owned about

FT Energy Income Partners Strategy ETF offers a diversified approach to the Energy sector and eliminates the stress of a schedule K-1 form. EIPX focuses on companies that have a history of growing earnings, healthy cash flows, and the ability to provide dividend growth. EIPX has a dividend yield of 3.3% and has already demonstrated a healthy uptrend in payouts since inception.

Exchange traded fund provider and asset manager First Trust Advisors announced the launch of the FT Energy Income Partners Strategy ETF (NYSE Arca: EIPX), which begins trading on the New York Stock Exchange today.
SEC filings for EIPX aren't indexed yet (common for recently launched funds). Browse the issuer's filings on SEC EDGAR directly.