Beacon Investment Advisory Services Inc. Has $1.43 Million Holdings in iShares US Preferred Stock ETF (PFF)

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Beacon Investment Advisory Services Inc. reduced its position in iShares US Preferred Stock ETF (NASDAQ:PFF) by 9.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 41,795 shares of the company’s stock after selling 4,522 shares during the period. Beacon Investment Advisory Services Inc.’s holdings in iShares US Preferred Stock ETF were worth $1,431,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. SPC Financial Inc. lifted its position in shares of iShares US Preferred Stock ETF by 1.7% during the fourth quarter. SPC Financial Inc. now owns 75,186 shares of the company’s stock worth $2,574,000 after purchasing an additional 1,275 shares during the last quarter. Smithfield Trust Co. lifted its position in shares of iShares US Preferred Stock ETF by 8.7% during the third quarter. Smithfield Trust Co. now owns 450,434 shares of the company’s stock worth $16,724,000 after purchasing an additional 36,150 shares during the last quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC lifted its position in shares of iShares US Preferred Stock ETF by 5,289.6% during the third quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 13,959 shares of the company’s stock worth $518,000 after purchasing an additional 13,700 shares during the last quarter. M Holdings Securities Inc. lifted its position in shares of iShares US Preferred Stock ETF by 14.4% during the third quarter. M Holdings Securities Inc. now owns 11,618 shares of the company’s stock worth $431,000 after purchasing an additional 1,460 shares during the last quarter. Finally, Great Lakes Advisors LLC bought a new position in shares of iShares US Preferred Stock ETF during the third quarter worth about $1,094,000.

Shares of PFF stock opened at $36.18 on Thursday. iShares US Preferred Stock ETF has a one year low of $33.26 and a one year high of $38.08.

The business also recently declared a monthly dividend, which was paid on Thursday, February 7th. Stockholders of record on Monday, February 4th were given a dividend of $0.1694 per share. The ex-dividend date of this dividend was Friday, February 1st. This represents a $2.03 annualized dividend and a dividend yield of 5.62%.

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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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