Invesco Preferred ETF (PGX) Shares Sold by Creative Planning

Creative Planning cut its position in shares of Invesco Preferred ETF (NYSEARCA:PGX) by 13.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,150,084 shares of the company’s stock after selling 323,458 shares during the period. Creative Planning owned 0.58% of Invesco Preferred ETF worth $31,305,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Renaissance Technologies LLC acquired a new stake in Invesco Preferred ETF during the fourth quarter worth about $2,498,000. Guggenheim Capital LLC lifted its stake in Invesco Preferred ETF by 6.0% in the fourth quarter. Guggenheim Capital LLC now owns 508,754 shares of the company’s stock worth $7,560,000 after acquiring an additional 28,684 shares during the last quarter. Raymond James & Associates lifted its position in shares of Invesco Preferred ETF by 24.8% during the 4th quarter. Raymond James & Associates now owns 251,149 shares of the company’s stock worth $3,732,000 after buying an additional 49,870 shares during the last quarter. Wealthsource Partners LLC purchased a new stake in shares of Invesco Preferred ETF during the 4th quarter worth approximately $381,000. Finally, WealthPLAN Partners LLC lifted its position in shares of Invesco Preferred ETF by 28.7% during the 4th quarter. WealthPLAN Partners LLC now owns 61,580 shares of the company’s stock worth $915,000 after buying an additional 13,745 shares during the last quarter.

Shares of Invesco Preferred ETF stock opened at $14.44 on Friday. Invesco Preferred ETF has a 12 month low of $14.10 and a 12 month high of $15.12.

The company also recently disclosed a monthly dividend, which was paid on Tuesday, July 31st. Shareholders of record on Tuesday, July 24th were paid a $0.069 dividend. This is a boost from Invesco Preferred ETF’s previous monthly dividend of $0.07. This represents a $0.83 annualized dividend and a yield of 5.73%. The ex-dividend date was Monday, July 23rd.

About Invesco Preferred ETF

The PowerShares Preferred Portfolio (Fund) is based on The BofA Merrill Lynch Core Fixed Rate Preferred Securities Index (Index). The Fund normally invest at least 90% of its total assets in securities that comprise the Index. The Index is designed to replicate the total return of a diversified group of investment-grade preferred securities.

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Institutional Ownership by Quarter for Invesco Preferred ETF (NYSEARCA:PGX)

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