Invesco Preferred ETF (PGX) Holdings Boosted by Private Advisory Group LLC

Private Advisory Group LLC grew its holdings in Invesco Preferred ETF (NYSEARCA:PGX) by 440.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 108,719 shares of the company’s stock after purchasing an additional 88,608 shares during the quarter. Private Advisory Group LLC’s holdings in Invesco Preferred ETF were worth $1,583,000 as of its most recent filing with the SEC.

A number of other institutional investors have also bought and sold shares of the business. Bank of New York Mellon Corp acquired a new position in Invesco Preferred ETF in the second quarter worth $367,000. Sigma Planning Corp boosted its stake in Invesco Preferred ETF by 56.6% in the second quarter. Sigma Planning Corp now owns 135,310 shares of the company’s stock worth $1,970,000 after purchasing an additional 48,927 shares in the last quarter. IndexIQ Advisors LLC acquired a new position in Invesco Preferred ETF in the second quarter worth $4,677,000. Appleton Group LLC acquired a new position in Invesco Preferred ETF in the second quarter worth $5,478,000. Finally, Commonwealth Equity Services LLC boosted its stake in Invesco Preferred ETF by 0.5% in the second quarter. Commonwealth Equity Services LLC now owns 872,097 shares of the company’s stock worth $12,698,000 after purchasing an additional 4,281 shares in the last quarter.

Invesco Preferred ETF stock opened at $14.44 on Monday. Invesco Preferred ETF has a 52 week low of $14.10 and a 52 week high of $15.12.

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

Invesco Preferred ETF Profile

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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