Regal Investment Advisors LLC Purchases 11,958 Shares of iShares US Preferred Stock ETF (PFF)

Regal Investment Advisors LLC increased its position in shares of iShares US Preferred Stock ETF (NASDAQ:PFF) by 5.6% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 226,532 shares of the company’s stock after buying an additional 11,958 shares during the period. iShares US Preferred Stock ETF accounts for 1.7% of Regal Investment Advisors LLC’s holdings, making the stock its 8th biggest holding. Regal Investment Advisors LLC’s holdings in iShares US Preferred Stock ETF were worth $8,280,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Aozora Bank LTD. grew its holdings in iShares US Preferred Stock ETF by 7.6% in the fourth quarter. Aozora Bank LTD. now owns 9,025,000 shares of the company’s stock worth $308,926,000 after purchasing an additional 640,000 shares during the period. BlackRock Inc. grew its holdings in iShares US Preferred Stock ETF by 4.0% in the fourth quarter. BlackRock Inc. now owns 4,340,258 shares of the company’s stock worth $148,566,000 after purchasing an additional 165,050 shares during the period. MD Financial Management Inc. grew its holdings in iShares US Preferred Stock ETF by 2.5% in the fourth quarter. MD Financial Management Inc. now owns 3,481,179 shares of the company’s stock worth $119,161,000 after purchasing an additional 83,889 shares during the period. Joseph P. Lucia & Associates LLC acquired a new stake in iShares US Preferred Stock ETF in the first quarter worth $49,695,000. Finally, W.E. Donoghue & Co. LLC grew its holdings in iShares US Preferred Stock ETF by 284.8% in the fourth quarter. W.E. Donoghue & Co. LLC now owns 1,238,958 shares of the company’s stock worth $42,410,000 after purchasing an additional 917,005 shares during the period.

Shares of NASDAQ PFF opened at $36.56 on Friday. iShares US Preferred Stock ETF has a 1 year low of $33.26 and a 1 year high of $38.08.

The company also recently declared a monthly dividend, which was paid on Wednesday, May 8th. Investors of record on Friday, May 3rd were issued a dividend of $0.172 per share. This represents a $2.06 annualized dividend and a yield of 5.64%. The ex-dividend date of this dividend was Thursday, May 2nd.

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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.

See Also: Dividend Achievers

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

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