Brinker Capital Inc. Invests $200,000 in iShares US Preferred Stock ETF (NASDAQ:PFF)

Brinker Capital Inc. acquired a new position in iShares US Preferred Stock ETF (NASDAQ:PFF) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 5,848 shares of the company’s stock, valued at approximately $200,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. RPg Family Wealth Advisory LLC bought a new position in iShares US Preferred Stock ETF during the 4th quarter valued at about $41,000. Founders Financial Securities LLC increased its holdings in iShares US Preferred Stock ETF by 2.1% in the 4th quarter. Founders Financial Securities LLC now owns 20,265 shares of the company’s stock worth $694,000 after acquiring an additional 416 shares in the last quarter. Change Path LLC purchased a new stake in iShares US Preferred Stock ETF in the 4th quarter worth approximately $511,000. Dana Investment Advisors Inc. purchased a new stake in iShares US Preferred Stock ETF in the 4th quarter worth approximately $799,000. Finally, ERTS Wealth Advisors LLC purchased a new stake in iShares US Preferred Stock ETF in the 4th quarter worth approximately $113,000.

iShares US Preferred Stock ETF stock traded down $0.07 during midday trading on Friday, hitting $36.55. The stock had a trading volume of 3,454,006 shares, compared to its average volume of 3,445,679. iShares US Preferred Stock ETF has a 52-week low of $33.26 and a 52-week high of $38.08.

The business also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were issued a dividend of $0.1804 per share. This is a positive change from iShares US Preferred Stock ETF’s previous monthly dividend of $0.18. This represents a $2.17 dividend on an annualized basis and a yield of 5.92%. The ex-dividend date was Monday, April 1st.

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iShares US Preferred Stock ETF 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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