Innovator S&P Investment Grade Preferred ETF (EPRF) to Issue Monthly Dividend of $0.08 on January 2nd

Innovator S&P Investment Grade Preferred ETF (BATS:EPRF) declared a monthly dividend on Monday, December 29th. Stockholders of record on Wednesday, December 31st will be paid a dividend of 0.08 per share on Friday, January 2nd. This represents a c) annualized dividend and a dividend yield of 5.5%. The ex-dividend date of this dividend is Wednesday, December 31st.

Innovator S&P Investment Grade Preferred ETF Trading Down 0.9%

EPRF stock traded down $0.16 during midday trading on Wednesday, reaching $17.61. 15,097 shares of the company were exchanged, compared to its average volume of 15,031. Innovator S&P Investment Grade Preferred ETF has a one year low of $16.71 and a one year high of $19.98. The business has a 50-day moving average price of $17.80 and a two-hundred day moving average price of $17.98.

Institutional Trading of Innovator S&P Investment Grade Preferred ETF

A number of institutional investors have recently bought and sold shares of the business. Royal Bank of Canada increased its holdings in shares of Innovator S&P Investment Grade Preferred ETF by 29.3% during the first quarter. Royal Bank of Canada now owns 527,526 shares of the company’s stock worth $9,319,000 after purchasing an additional 119,504 shares during the period. Websterrogers Financial Advisors LLC grew its position in Innovator S&P Investment Grade Preferred ETF by 4.3% during the second quarter. Websterrogers Financial Advisors LLC now owns 96,819 shares of the company’s stock worth $1,707,000 after buying an additional 3,970 shares in the last quarter. Madrona Financial Services LLC increased its stake in Innovator S&P Investment Grade Preferred ETF by 8.2% during the 2nd quarter. Madrona Financial Services LLC now owns 30,071 shares of the company’s stock worth $530,000 after acquiring an additional 2,273 shares during the period. Envestnet Portfolio Solutions Inc. increased its stake in Innovator S&P Investment Grade Preferred ETF by 5.7% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 13,198 shares of the company’s stock worth $233,000 after acquiring an additional 708 shares during the period. Finally, Atria Wealth Solutions Inc. increased its stake in Innovator S&P Investment Grade Preferred ETF by 5.7% during the 2nd quarter. Atria Wealth Solutions Inc. now owns 13,198 shares of the company’s stock worth $234,000 after acquiring an additional 708 shares during the period.

About Innovator S&P Investment Grade Preferred ETF

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.