Wealth Enhancement Advisory Services LLC Buys 39,000 Shares of Innovator S&P Investment Grade Preferred ETF $EPRF

Wealth Enhancement Advisory Services LLC lifted its stake in Innovator S&P Investment Grade Preferred ETF (BATS:EPRF) by 72.5% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 92,771 shares of the company’s stock after acquiring an additional 39,000 shares during the quarter. Wealth Enhancement Advisory Services LLC owned 1.84% of Innovator S&P Investment Grade Preferred ETF worth $1,696,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in EPRF. Atria Wealth Solutions Inc. increased its position in shares of 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 valued at $234,000 after purchasing an additional 708 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised 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 valued at $233,000 after purchasing an additional 708 shares during the period. Jane Street Group LLC bought a new stake in shares of Innovator S&P Investment Grade Preferred ETF during the second quarter valued at approximately $670,000. Raymond James Financial Inc. increased its holdings in Innovator S&P Investment Grade Preferred ETF by 3.7% in the 2nd quarter. Raymond James Financial Inc. now owns 72,435 shares of the company’s stock valued at $1,277,000 after acquiring an additional 2,553 shares during the last quarter. Finally, Websterrogers Financial Advisors LLC increased its holdings in shares of Innovator S&P Investment Grade Preferred ETF by 3.1% in the third quarter. Websterrogers Financial Advisors LLC now owns 99,828 shares of the company’s stock worth $1,825,000 after purchasing an additional 3,009 shares during the last quarter.

Innovator S&P Investment Grade Preferred ETF Price Performance

EPRF stock opened at $17.69 on Friday. Innovator S&P Investment Grade Preferred ETF has a fifty-two week low of $16.71 and a fifty-two week high of $19.98. The firm has a fifty day moving average price of $17.79 and a 200 day moving average price of $18.00.

Innovator S&P Investment Grade Preferred ETF Increases Dividend

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

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.