ST Germain D J Co. Inc. Cuts Position in iShares US Preferred Stock ETF (NASDAQ:PFF)

ST Germain D J Co. Inc. lessened its holdings in iShares US Preferred Stock ETF (NASDAQ:PFF) by 36.0% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 112,547 shares of the company’s stock after selling 63,253 shares during the quarter. ST Germain D J Co. Inc.’s holdings in iShares US Preferred Stock ETF were worth $4,147,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in PFF. Joseph P. Lucia & Associates LLC purchased a new stake in iShares US Preferred Stock ETF in the first quarter worth about $49,695,000. Price Capital Management Inc. purchased a new stake in iShares US Preferred Stock ETF in the first quarter worth about $66,259,000. Deutsche Bank AG purchased a new stake in iShares US Preferred Stock ETF in the fourth quarter worth about $22,222,000. AJ Wealth Strategies LLC grew its holdings in iShares US Preferred Stock ETF by 5,218.0% in the first quarter. AJ Wealth Strategies LLC now owns 462,929 shares of the company’s stock worth $16,920,000 after purchasing an additional 454,224 shares during the period. Finally, LDR Capital Management LLC purchased a new stake in iShares US Preferred Stock ETF in the first quarter worth about $13,619,000.

PFF traded up $0.04 during midday trading on Friday, reaching $37.25. The company’s stock had a trading volume of 3,876,191 shares, compared to its average volume of 3,382,205. iShares US Preferred Stock ETF has a 1 year low of $33.26 and a 1 year high of $37.94. The company’s 50-day simple moving average is $37.02.

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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