iShares US Preferred Stock ETF (PFF) Shares Sold by Money Design Co. Ltd.

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Money Design Co. Ltd. reduced its stake in shares of iShares US Preferred Stock ETF (NASDAQ:PFF) by 1.9% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 37,689 shares of the company’s stock after selling 714 shares during the period. Money Design Co. Ltd.’s holdings in iShares US Preferred Stock ETF were worth $1,378,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of PFF. Endurance Wealth Management Inc. raised its stake in shares of iShares US Preferred Stock ETF by 2.3% during the 4th quarter. Endurance Wealth Management Inc. now owns 13,190 shares of the company’s stock worth $451,000 after buying an additional 300 shares during the last quarter. First Citizens Bank & Trust Co. raised its stake in iShares US Preferred Stock ETF by 5.3% in the 4th quarter. First Citizens Bank & Trust Co. now owns 6,000 shares of the company’s stock valued at $205,000 after purchasing an additional 300 shares during the last quarter. Somerset Trust Co raised its stake in iShares US Preferred Stock ETF by 3.5% in the 1st quarter. Somerset Trust Co now owns 11,473 shares of the company’s stock valued at $419,000 after purchasing an additional 390 shares during the last quarter. Koshinski Asset Management Inc. raised its stake in iShares US Preferred Stock ETF by 1.5% in the 4th quarter. Koshinski Asset Management Inc. now owns 27,534 shares of the company’s stock valued at $942,000 after purchasing an additional 405 shares during the last quarter. Finally, Keystone Financial Group raised its stake in iShares US Preferred Stock ETF by 2.5% in the 4th quarter. Keystone Financial Group now owns 16,964 shares of the company’s stock valued at $581,000 after purchasing an additional 409 shares during the last quarter.

Shares of NASDAQ:PFF opened at $36.70 on Tuesday. 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 announced a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were issued a dividend of $0.1804 per share. The ex-dividend date was Monday, April 1st. This represents a $2.17 dividend on an annualized basis and a dividend yield of 5.90%. This is a boost from iShares US Preferred Stock ETF’s previous monthly dividend of $0.18.

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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.

Further Reading: Trading based on a resistance level

Want to see what other hedge funds are holding PFF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares US Preferred Stock ETF (NASDAQ:PFF).

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

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