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flag Ibex Wealth Advisors sold shares of two preferred stock ETFs, PFF and PGX, despite recent dividend boosts.

flag Ibex Wealth Advisors reduced its holdings in two ETFs: it sold 15,520 shares of the iShares Preferred and Income Securities ETF (PFF) and 5,636 shares of the Invesco Preferred ETF (PGX) in the first quarter. flag PFF, valued at $3.19 million, saw a dividend increase to $2.09 annually, offering a 6.90% yield. flag PGX's value was $1.44 million. flag Both ETFs showed fluctuations in price within the past year, with PFF ranging from $28.70 to $33.59 and PGX from $10.70 to $12.54.

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