Principal Spectrum Preferred Securities Active ETF (BATS:PREF) Stake Raised by Raymond James & Associates

Raymond James & Associates increased its holdings in Principal Spectrum Preferred Securities Active ETF (BATS:PREF) by 196.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 20,500 shares of the company’s stock after purchasing an additional 13,594 shares during the period. Raymond James & Associates’ holdings in Principal Spectrum Preferred Securities Active ETF were worth $1,952,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. LPL Financial LLC boosted its holdings in Principal Spectrum Preferred Securities Active ETF by 35.1% in the fourth quarter. LPL Financial LLC now owns 3,960 shares of the company’s stock valued at $357,000 after acquiring an additional 1,028 shares during the last quarter. Janney Montgomery Scott LLC acquired a new position in Principal Spectrum Preferred Securities Active ETF in the first quarter valued at $521,000. Bank of New York Mellon Corp boosted its holdings in Principal Spectrum Preferred Securities Active ETF by 21.3% in the third quarter. Bank of New York Mellon Corp now owns 16,268 shares of the company’s stock valued at $1,548,000 after acquiring an additional 2,860 shares during the last quarter. Finally, Bank of America Corp DE boosted its holdings in Principal Spectrum Preferred Securities Active ETF by 74.2% in the fourth quarter. Bank of America Corp DE now owns 19,529 shares of the company’s stock valued at $1,759,000 after acquiring an additional 8,320 shares during the last quarter.

Shares of Principal Spectrum Preferred Securities Active ETF stock opened at $95.97 on Thursday. Principal Spectrum Preferred Securities Active ETF has a twelve month low of $98.13 and a twelve month high of $101.54.

The company also recently announced a monthly dividend, which was paid on Thursday, June 6th. Investors of record on Tuesday, June 4th were issued a $0.358 dividend. This represents a $4.30 dividend on an annualized basis and a yield of 4.48%. The ex-dividend date of this dividend was Monday, June 3rd.

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

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