Strategic Blueprint LLC Makes New Investment in Invesco Preferred ETF (NYSEARCA:PGX)

Strategic Blueprint LLC purchased a new position in shares of Invesco Preferred ETF (NYSEARCA:PGX) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 5,774 shares of the company’s stock, valued at approximately $87,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Commonwealth Equity Services LLC increased its position in Invesco Preferred ETF by 10.2% during the second quarter. Commonwealth Equity Services LLC now owns 1,095,913 shares of the company’s stock worth $16,033,000 after buying an additional 101,633 shares during the last quarter. LPL Financial LLC increased its position in Invesco Preferred ETF by 26.7% during the second quarter. LPL Financial LLC now owns 3,605,090 shares of the company’s stock worth $52,742,000 after buying an additional 759,063 shares during the last quarter. Lincoln National Corp acquired a new position in Invesco Preferred ETF during the second quarter worth approximately $191,000. Reitz Capital Advisors LLC increased its position in Invesco Preferred ETF by 4.4% during the third quarter. Reitz Capital Advisors LLC now owns 165,473 shares of the company’s stock worth $2,485,000 after buying an additional 6,992 shares during the last quarter. Finally, Field & Main Bank increased its position in Invesco Preferred ETF by 6.5% during the second quarter. Field & Main Bank now owns 49,725 shares of the company’s stock worth $727,000 after buying an additional 3,050 shares during the last quarter.

NYSEARCA PGX traded down $0.02 during trading on Friday, reaching $15.09. 46,030 shares of the company’s stock were exchanged, compared to its average volume of 2,047,661. The business has a 50 day moving average price of $14.97 and a 200-day moving average price of $14.76. Invesco Preferred ETF has a fifty-two week low of $13.12 and a fifty-two week high of $15.13.

The company also recently disclosed a — dividend, which was paid on Monday, September 30th. Stockholders of record on Tuesday, September 24th were issued a dividend of $0.0669 per share. This represents a dividend yield of 5.5%. The ex-dividend date was Monday, September 23rd.

Invesco Preferred ETF Company 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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