PFS Investments Inc. Boosts Stake in iShares US Preferred Stock ETF (NASDAQ:PFF)

PFS Investments Inc. grew its holdings in iShares US Preferred Stock ETF (NASDAQ:PFF) by 34.3% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 365,136 shares of the company’s stock after buying an additional 93,262 shares during the quarter. PFS Investments Inc. owned 0.09% of iShares US Preferred Stock ETF worth $12,845,000 as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. Renaissance Technologies LLC increased its holdings in iShares US Preferred Stock ETF by 266.1% during the second quarter. Renaissance Technologies LLC now owns 209,400 shares of the company’s stock worth $7,896,000 after buying an additional 152,202 shares during the last quarter. Private Asset Management Inc. acquired a new position in iShares US Preferred Stock ETF during the third quarter worth $371,000. Sound Income Strategies LLC increased its holdings in iShares US Preferred Stock ETF by 24.3% during the third quarter. Sound Income Strategies LLC now owns 13,266 shares of the company’s stock worth $493,000 after buying an additional 2,595 shares during the last quarter. Bath Savings Trust Co increased its holdings in iShares US Preferred Stock ETF by 4.5% during the third quarter. Bath Savings Trust Co now owns 49,224 shares of the company’s stock worth $1,828,000 after buying an additional 2,139 shares during the last quarter. Finally, Visionary Asset Management Inc. increased its holdings in iShares US Preferred Stock ETF by 52.7% during the third quarter. Visionary Asset Management Inc. now owns 10,049 shares of the company’s stock worth $373,000 after buying an additional 3,468 shares during the last quarter.

Shares of PFF opened at $35.99 on Thursday. iShares US Preferred Stock ETF has a 1-year low of $33.26 and a 1-year high of $38.08.

The business also recently disclosed a monthly dividend, which was paid on Thursday, February 7th. Shareholders of record on Monday, February 4th were issued a $0.1694 dividend. The ex-dividend date of this dividend was Friday, February 1st. This represents a $2.03 annualized dividend and a dividend yield of 5.65%.

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iShares US Preferred Stock ETF Company Profile

iShares U.S. Preferred Stock ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results, which correspond to the price and yield performance, before fees and expenses, of the S&P U.S. Preferred Stock Index (the Underlying Index). The Underlying Index measures the performance of a select group of preferred stocks listed on the New York Stock Exchange (NYSE), NYSE Arca, Inc (NYSE Arca), NYSE Amex, NASDAQ Global Select Market, NASDAQ Select Market or NASDAQ Capital Market.

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Institutional Ownership by Quarter for iShares US Preferred Stock ETF (NASDAQ:PFF)

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