Innovator S&P Investment Grade Preferred ETF (BATS:EPRF) Shares Sold by LPL Financial LLC

LPL Financial LLC reduced its stake in Innovator S&P Investment Grade Preferred ETF (BATS:EPRF) by 1.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 228,071 shares of the company’s stock after selling 2,850 shares during the period. LPL Financial LLC owned approximately 3.68% of Innovator S&P Investment Grade Preferred ETF worth $4,183,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Cetera Advisors LLC raised its stake in shares of Innovator S&P Investment Grade Preferred ETF by 16.3% in the fourth quarter. Cetera Advisors LLC now owns 12,146 shares of the company’s stock valued at $219,000 after acquiring an additional 1,700 shares in the last quarter. Flow Traders U.S. LLC purchased a new position in Innovator S&P Investment Grade Preferred ETF in the first quarter valued at $320,000. Mercer Global Advisors Inc. ADV purchased a new position in Innovator S&P Investment Grade Preferred ETF in the third quarter valued at $385,000. Delta Investment Management LLC increased its holdings in Innovator S&P Investment Grade Preferred ETF by 2.2% in the first quarter. Delta Investment Management LLC now owns 28,513 shares of the company’s stock valued at $529,000 after buying an additional 611 shares during the last quarter. Finally, Laffer Tengler Investments increased its holdings in Innovator S&P Investment Grade Preferred ETF by 2.5% in the first quarter. Laffer Tengler Investments now owns 46,773 shares of the company’s stock valued at $1,017,000 after buying an additional 1,141 shares during the last quarter.

Innovator S&P Investment Grade Preferred ETF Price Performance

BATS:EPRF opened at $17.77 on Monday. The business’s fifty day moving average price is $17.36 and its 200 day moving average price is $17.92. Innovator S&P Investment Grade Preferred ETF has a 12 month low of $22.49 and a 12 month high of $25.00.

Innovator S&P Investment Grade Preferred ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, November 1st. Shareholders of record on Tuesday, October 31st were issued a dividend of $0.105 per share. The ex-dividend date of this dividend was Monday, October 30th.

Innovator S&P Investment Grade Preferred ETF Company Profile

The Innovator S&P Investment Grade Preferred ETF (EPRF) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index composed of U.S.-listed, investment grade, fixed-rate preferred issues, with a modified equal weighting. EPRF was launched on May 24, 2016 and is managed by Innovator.