400 Shares in Principal Spectrum Preferred Securities Active ETF (BATS:PREF) Bought by West Bancorporation Inc.

West Bancorporation Inc. acquired a new position in Principal Spectrum Preferred Securities Active ETF (BATS:PREF) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 400 shares of the company’s stock, valued at approximately $40,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of PREF. Global Retirement Partners LLC acquired a new position in Principal Spectrum Preferred Securities Active ETF in the third quarter valued at about $60,000. Carroll Financial Associates Inc. increased its position in shares of Principal Spectrum Preferred Securities Active ETF by 18.8% during the fourth quarter. Carroll Financial Associates Inc. now owns 1,289 shares of the company’s stock valued at $129,000 after buying an additional 204 shares during the period. Benjamin Edwards Inc. increased its position in shares of Principal Spectrum Preferred Securities Active ETF by 12.2% during the third quarter. Benjamin Edwards Inc. now owns 1,537 shares of the company’s stock valued at $153,000 after buying an additional 167 shares during the period. TBH Global Asset Management LLC purchased a new position in Principal Spectrum Preferred Securities Active ETF during the fourth quarter worth about $352,000. Finally, Cambridge Investment Research Advisors Inc. bought a new position in shares of Principal Spectrum Preferred Securities Active ETF in the fourth quarter worth approximately $640,000.

PREF stock traded up $0.25 during trading on Friday, hitting $101.42. 12,090 shares of the company traded hands. The company has a 50-day moving average of $102.24 and a 200-day moving average of $100.41. Principal Spectrum Preferred Securities Active ETF has a 1 year low of $98.13 and a 1 year high of $101.54.

The company also recently declared a monthly dividend, which was paid on Thursday, February 6th. Investors of record on Tuesday, February 4th were paid a $0.3631 dividend. The ex-dividend date was Monday, February 3rd. This represents a $4.36 annualized dividend and a yield of 4.30%.

Featured Article: Pattern Day Trader – What is the PDT Rule?

Want to see what other hedge funds are holding PREF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Principal Spectrum Preferred Securities Active ETF (BATS:PREF).

Institutional Ownership by Quarter for Principal Spectrum Preferred Securities Active ETF (BATS:PREF)

Receive News & Ratings for Principal Spectrum Preferred Securities Active ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Principal Spectrum Preferred Securities Active ETF and related companies with MarketBeat.com's FREE daily email newsletter.