Innovator S&P Investment Grade Preferred ETF $EPRF Shares Acquired by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC grew its holdings in Innovator S&P Investment Grade Preferred ETF (BATS:EPRF) by 72.5% in the third quarter, Holdings Channel.com reports. The institutional investor owned 92,771 shares of the company’s stock after buying an additional 39,000 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Innovator S&P Investment Grade Preferred ETF were worth $1,696,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Atria Wealth Solutions Inc. raised its stake in Innovator S&P Investment Grade Preferred ETF by 5.7% during the second quarter. Atria Wealth Solutions Inc. now owns 13,198 shares of the company’s stock worth $234,000 after purchasing an additional 708 shares during the period. Envestnet Portfolio Solutions Inc. grew its position in Innovator S&P Investment Grade Preferred ETF by 5.7% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 13,198 shares of the company’s stock valued at $233,000 after acquiring an additional 708 shares in the last quarter. Raymond James Financial Inc. grew its holdings in shares of Innovator S&P Investment Grade Preferred ETF by 3.7% in the second quarter. Raymond James Financial Inc. now owns 72,435 shares of the company’s stock valued at $1,277,000 after purchasing an additional 2,553 shares in the last quarter. Websterrogers Financial Advisors LLC increased its position in shares of Innovator S&P Investment Grade Preferred ETF by 3.1% during the third quarter. Websterrogers Financial Advisors LLC now owns 99,828 shares of the company’s stock worth $1,825,000 after acquiring an additional 3,009 shares during the period. Finally, Jane Street Group LLC purchased a new stake in Innovator S&P Investment Grade Preferred ETF during the 2nd quarter worth about $670,000.

Innovator S&P Investment Grade Preferred ETF Stock Down 1.4%

Innovator S&P Investment Grade Preferred ETF stock opened at $17.69 on Friday. Innovator S&P Investment Grade Preferred ETF has a 12-month low of $16.71 and a 12-month high of $19.98. The company has a fifty day simple moving average of $17.79 and a 200-day simple moving average of $18.00.

Innovator S&P Investment Grade Preferred ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, February 2nd. Stockholders of record on Friday, January 30th will be issued a $0.085 dividend. The ex-dividend date of this dividend is Friday, January 30th. This is an increase from Innovator S&P Investment Grade Preferred ETF’s previous monthly dividend of $0.08. This represents a c) dividend on an annualized basis and a dividend yield of 5.8%.

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.