Bank of New York Mellon Corp Buys 8,357 Shares of Principal Spectrum Preferred Securities Active ETF (PREF)

Bank of New York Mellon Corp increased its stake in Principal Spectrum Preferred Securities Active ETF (BATS:PREF) by 51.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 24,625 shares of the company’s stock after buying an additional 8,357 shares during the quarter. Bank of New York Mellon Corp’s holdings in Principal Spectrum Preferred Securities Active ETF were worth $2,218,000 as of its most recent filing with the SEC.

Separately, LPL Financial LLC grew its stake in Principal Spectrum Preferred Securities Active ETF by 35.1% during the 4th quarter. LPL Financial LLC now owns 3,960 shares of the company’s stock valued at $357,000 after purchasing an additional 1,028 shares in the last quarter.

Shares of BATS PREF opened at $95.40 on Monday. Principal Spectrum Preferred Securities Active ETF has a fifty-two week low of $98.13 and a fifty-two week high of $101.54.

The firm also recently disclosed a monthly dividend, which was paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd were paid a dividend of $0.4067 per share. The ex-dividend date of this dividend was Monday, April 1st. This represents a $4.88 dividend on an annualized basis and a yield of 5.12%.

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Institutional Ownership by Quarter for Principal Spectrum Preferred Securities Active ETF (BATS:PREF)

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