Asset Advisors Investment Management LLC Buys New Stake in iShares US Preferred Stock ETF (PFF)

Asset Advisors Investment Management LLC bought a new stake in shares of iShares US Preferred Stock ETF (NASDAQ:PFF) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 6,800 shares of the company’s stock, valued at approximately $249,000.

Several other large investors have also made changes to their positions in the business. Bogart Wealth LLC boosted its position in iShares US Preferred Stock ETF by 244.1% in the 1st quarter. Bogart Wealth LLC now owns 850 shares of the company’s stock valued at $31,000 after buying an additional 603 shares during the period. SPC Financial Inc. boosted its stake in 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 buying an additional 1,275 shares in the last quarter. PagnatoKarp Partners LLC boosted its stake in iShares US Preferred Stock ETF by 18.9% during the first quarter. PagnatoKarp Partners LLC now owns 135,210 shares of the company’s stock worth $4,942,000 after buying an additional 21,448 shares in the last quarter. Western Wealth Management LLC acquired a new stake in iShares US Preferred Stock ETF during the fourth quarter worth $768,000. Finally, TCI Wealth Advisors Inc. boosted its stake in iShares US Preferred Stock ETF by 37.5% during the first quarter. TCI Wealth Advisors Inc. now owns 18,334 shares of the company’s stock worth $670,000 after buying an additional 4,996 shares in the last quarter.

PFF traded up $0.04 during trading on Tuesday, reaching $36.74. 99,979 shares of the company’s stock were exchanged, compared to its average volume of 3,460,945. iShares US Preferred Stock ETF has a fifty-two week low of $33.26 and a fifty-two week high of $38.08.

The business also recently declared a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were given a dividend of $0.1804 per share. This is an increase from iShares US Preferred Stock ETF’s previous monthly dividend of $0.18. The ex-dividend date was Monday, April 1st. This represents a $2.17 annualized dividend and a yield of 5.89%.

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iShares US Preferred Stock ETF 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.

Read More: SEC Filing

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

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