iShares US Preferred Stock ETF (PFF) Stake Lowered by PNC Financial Services Group Inc.

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PNC Financial Services Group Inc. trimmed its position in shares of iShares US Preferred Stock ETF (NASDAQ:PFF) by 2.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 308,016 shares of the company’s stock after selling 7,837 shares during the period. PNC Financial Services Group Inc. owned about 0.07% of iShares US Preferred Stock ETF worth $11,615,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. SG Americas Securities LLC purchased a new position in shares of iShares US Preferred Stock ETF during the first quarter valued at about $122,000. Thomas J. Herzfeld Advisors Inc. purchased a new position in shares of iShares US Preferred Stock ETF during the first quarter valued at about $148,000. Poehling Capital Management LLC increased its position in shares of iShares US Preferred Stock ETF by 203.7% during the second quarter. Poehling Capital Management LLC now owns 4,100 shares of the company’s stock valued at $155,000 after buying an additional 2,750 shares during the period. Bruderman Asset Management LLC purchased a new position in shares of iShares US Preferred Stock ETF during the first quarter valued at about $158,000. Finally, Private Ocean LLC purchased a new position in shares of iShares US Preferred Stock ETF during the first quarter valued at about $163,000.

Shares of NASDAQ PFF opened at $37.35 on Thursday. iShares US Preferred Stock ETF has a 1 year low of $36.52 and a 1 year high of $38.96.

The firm also recently disclosed a monthly dividend, which will be paid on Monday, September 10th. Shareholders of record on Wednesday, September 5th will be issued a $0.1608 dividend. This represents a $1.93 dividend on an annualized basis and a yield of 5.16%. The ex-dividend date of this dividend is Tuesday, September 4th.

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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