Midday Commentary: Preferred stocks tick down; CBL, ING, Aegon securities active

By Christine Van Dusen

Atlanta, April 1 - Trading in preferred stocks on Tuesday morning featured some activity for issues from CBL & Associates Properties, ING Groep NV and Aegon NV, a market source said.

CBL's 7 3/8% cumulative redeemable preferred stock, series D, traded at $25.05, down 8 cents, on volume totaling 695,103 shares.

ING's 6 3/8% perpetual hybrid capital securities were spotted at $24.97, down a penny on 36,815 shares traded.

And Aegon's 6 3/8% perpetual capital securities dropped 7 cents early on to $25.64 on volume totaling 36,375 securities.

The Wells Fargo Hybrid and Preferred Securities index was spotted at $42.41, down a penny.

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