Clarus Wealth Advisors Purchases Shares of 7,726 iShares S&P US Pref Stock Idx Fnd (PFF)

Clarus Wealth Advisors purchased a new stake in iShares S&P US Pref Stock Idx Fnd (NASDAQ:PFF) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 7,726 shares of the company’s stock, valued at approximately $294,000.

A number of other large investors also recently added to or reduced their stakes in PFF. Front Row Advisors LLC bought a new stake in shares of iShares S&P US Pref Stock Idx Fnd during the 4th quarter valued at $100,000. LS Investment Advisors LLC bought a new stake in shares of iShares S&P US Pref Stock Idx Fnd during the 3rd quarter valued at $101,000. AllSquare Wealth Management LLC bought a new stake in shares of iShares S&P US Pref Stock Idx Fnd during the 3rd quarter valued at $101,000. Legacy Advisors LLC bought a new stake in shares of iShares S&P US Pref Stock Idx Fnd during the 4th quarter valued at $116,000. Finally, Wealthcare Advisory Partners LLC bought a new stake in shares of iShares S&P US Pref Stock Idx Fnd during the 3rd quarter valued at $134,000.

Shares of iShares S&P US Pref Stock Idx Fnd (NASDAQ:PFF) opened at $37.05 on Thursday. iShares S&P US Pref Stock Idx Fnd has a fifty-two week low of $36.62 and a fifty-two week high of $39.31. The company has a market cap of $16,870.00, a price-to-earnings ratio of 11.69 and a beta of 0.15.

The firm also recently announced a monthly dividend, which was paid on Wednesday, February 7th. Stockholders of record on Friday, February 2nd were issued a dividend of $0.189 per share. This represents a $2.27 dividend on an annualized basis and a dividend yield of 6.12%. The ex-dividend date of this dividend was Thursday, February 1st. This is a boost from iShares S&P US Pref Stock Idx Fnd’s previous monthly dividend of $0.10. iShares S&P US Pref Stock Idx Fnd’s payout ratio is 67.19%.

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About iShares S&P US Pref Stock Idx Fnd

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.

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

Institutional Ownership by Quarter for iShares S&P US Pref Stock Idx Fnd (NASDAQ:PFF)

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