Financial Gravity Companies Inc. Invests $61,000 in iShares US Preferred Stock ETF (PFF)

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Financial Gravity Companies Inc. acquired a new position in shares of iShares US Preferred Stock ETF (NASDAQ:PFF) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 1,689 shares of the company’s stock, valued at approximately $61,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. MRA Associates USA LLC acquired a new stake in iShares US Preferred Stock ETF in the 4th quarter valued at $306,000. Country Trust Bank increased its holdings in iShares US Preferred Stock ETF by 3,406.0% in the 4th quarter. Country Trust Bank now owns 208,221 shares of the company’s stock valued at $7,127,000 after purchasing an additional 202,282 shares in the last quarter. M&T Bank Corp increased its holdings in iShares US Preferred Stock ETF by 63.9% in the 4th quarter. M&T Bank Corp now owns 72,514 shares of the company’s stock valued at $2,482,000 after purchasing an additional 28,265 shares in the last quarter. United Income Inc. acquired a new stake in iShares US Preferred Stock ETF in the 4th quarter valued at $1,719,000. Finally, Providence Capital Advisors LLC increased its holdings in iShares US Preferred Stock ETF by 2,128.9% in the 4th quarter. Providence Capital Advisors LLC now owns 4,012 shares of the company’s stock valued at $137,000 after purchasing an additional 3,832 shares in the last quarter.

Shares of NASDAQ PFF opened at $35.66 on Tuesday. iShares US Preferred Stock ETF has a 12-month low of $33.26 and a 12-month high of $38.08.

The business also recently declared a monthly dividend, which was paid on Thursday, February 7th. Investors of record on Monday, February 4th were issued a $0.1694 dividend. The ex-dividend date was Friday, February 1st. This represents a $2.03 annualized dividend and a yield of 5.70%.

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iShares US Preferred Stock ETF Company 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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