Dumont & Blake Investment Advisors LLC Raises Holdings in iShares US Preferred Stock ETF (NASDAQ:PFF)

Dumont & Blake Investment Advisors LLC increased its holdings in iShares US Preferred Stock ETF (NASDAQ:PFF) by 3.7% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 61,648 shares of the company’s stock after purchasing an additional 2,172 shares during the period. iShares US Preferred Stock ETF accounts for 1.0% of Dumont & Blake Investment Advisors LLC’s holdings, making the stock its 24th biggest holding. Dumont & Blake Investment Advisors LLC’s holdings in iShares US Preferred Stock ETF were worth $2,253,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of PFF. SPC Financial Inc. increased its stake in iShares US Preferred Stock ETF by 1.7% in the 4th quarter. SPC Financial Inc. now owns 75,186 shares of the company’s stock worth $2,574,000 after acquiring an additional 1,275 shares during the last quarter. Western Wealth Management LLC bought a new stake in iShares US Preferred Stock ETF in the 4th quarter worth approximately $768,000. W.E. Donoghue & Co. LLC increased its stake in iShares US Preferred Stock ETF by 284.8% in the 4th quarter. W.E. Donoghue & Co. LLC now owns 1,238,958 shares of the company’s stock worth $42,410,000 after acquiring an additional 917,005 shares during the last quarter. RPg Family Wealth Advisory LLC bought a new stake in iShares US Preferred Stock ETF in the 4th quarter worth approximately $41,000. Finally, M Holdings Securities Inc. increased its stake in iShares US Preferred Stock ETF by 14.4% in the 3rd quarter. M Holdings Securities Inc. now owns 11,618 shares of the company’s stock worth $431,000 after acquiring an additional 1,460 shares during the last quarter.

NASDAQ PFF opened at $36.58 on Friday. iShares US Preferred Stock ETF has a fifty-two week low of $33.26 and a fifty-two week high of $38.08.

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

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About iShares US Preferred Stock ETF

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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