Bank of America Corp DE Buys 45,296 Shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK)

Bank of America Corp DE grew its stake in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 21.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 253,156 shares of the company’s stock after buying an additional 45,296 shares during the period. Bank of America Corp DE owned approximately 1.09% of SPDR ICE Preferred Securities ETF worth $8,352,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Topsail Wealth Management LLC acquired a new position in SPDR ICE Preferred Securities ETF in the 4th quarter valued at $31,000. Rialto Wealth Management LLC acquired a new position in SPDR ICE Preferred Securities ETF during the 4th quarter worth $36,000. Independent Advisor Alliance bought a new stake in SPDR ICE Preferred Securities ETF during the fourth quarter valued at about $219,000. RFG Advisory LLC acquired a new stake in shares of SPDR ICE Preferred Securities ETF in the fourth quarter valued at about $221,000. Finally, Harvest Investment Services LLC acquired a new stake in shares of SPDR ICE Preferred Securities ETF in the fourth quarter valued at about $221,000.

SPDR ICE Preferred Securities ETF Trading Down 0.0%

SPDR ICE Preferred Securities ETF stock opened at $31.37 on Monday. SPDR ICE Preferred Securities ETF has a 52 week low of $30.85 and a 52 week high of $36.06. The business’s 50-day simple moving average is $31.85 and its 200-day simple moving average is $32.98.

SPDR ICE Preferred Securities ETF Profile

SPDR Wells Fargo Preferred Stock ETF (the Fund) seeks to replicate the total return of the Wells Fargo Hybrid and Preferred Securities Aggregate Index (the Index). The Index is a modified market capitalization weighted index designed to measure the performance of non-convertible preferred stock and securities that are functionally equivalent to preferred stock, including, but not limited to, depositary preferred securities, perpetual subordinated debt and certain securities issued by banks and other financial institutions that are eligible for capital treatment with respect to such instruments akin to that received for issuance of straight preferred stock.