Principal Spectrum Preferred Securities Active ETF (NYSEARCA:PREF) is Tyche Wealth Partners LLC’s 8th Largest Position

Tyche Wealth Partners LLC raised its position in Principal Spectrum Preferred Securities Active ETF (NYSEARCA:PREF) by 2.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 603,898 shares of the company’s stock after purchasing an additional 16,035 shares during the quarter. Principal Spectrum Preferred Securities Active ETF comprises 2.6% of Tyche Wealth Partners LLC’s investment portfolio, making the stock its 8th biggest position. Tyche Wealth Partners LLC owned 1.25% of Principal Spectrum Preferred Securities Active ETF worth $11,359,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in PREF. Laidlaw Wealth Management LLC raised its position in Principal Spectrum Preferred Securities Active ETF by 2.2% during the second quarter. Laidlaw Wealth Management LLC now owns 37,252 shares of the company’s stock worth $679,000 after acquiring an additional 788 shares during the last quarter. Argent Trust Co increased its holdings in shares of Principal Spectrum Preferred Securities Active ETF by 1.9% in the 2nd quarter. Argent Trust Co now owns 52,102 shares of the company’s stock worth $949,000 after acquiring an additional 987 shares during the period. Global Retirement Partners LLC grew its position in Principal Spectrum Preferred Securities Active ETF by 3.0% in the 3rd quarter. Global Retirement Partners LLC now owns 43,133 shares of the company’s stock valued at $811,000 after buying an additional 1,246 shares in the last quarter. Delta Investment Management LLC boosted its holdings in shares of Principal Spectrum Preferred Securities Active ETF by 2.1% in the second quarter. Delta Investment Management LLC now owns 60,837 shares of the company’s stock worth $1,108,000 after buying an additional 1,266 shares during the period. Finally, Pinnacle Bancorp Inc. lifted its position in shares of Principal Spectrum Preferred Securities Active ETF by 46.4% in the third quarter. Pinnacle Bancorp Inc. now owns 4,120 shares of the company’s stock worth $77,000 after purchasing an additional 1,305 shares in the last quarter.

Principal Spectrum Preferred Securities Active ETF Stock Down 0.1 %

PREF traded down $0.02 during trading on Tuesday, reaching $18.74. 31,248 shares of the company’s stock were exchanged, compared to its average volume of 215,894. The business has a 50 day moving average price of $18.67 and a 200 day moving average price of $18.37. Principal Spectrum Preferred Securities Active ETF has a fifty-two week low of $16.32 and a fifty-two week high of $18.84.

Principal Spectrum Preferred Securities Active ETF Company Profile

The Principal Spectrum Preferred Securities Active ETF (PREF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund with a primary focus on $1,000 par preferred securities. PREF was launched on Jul 10, 2017 and is managed by Principal.