Steinberg Global Asset Management Has $380,000 Stake in iShares US Preferred Stock ETF (PFF)

Steinberg Global Asset Management decreased its position in iShares US Preferred Stock ETF (NASDAQ:PFF) by 6.9% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 10,112 shares of the company’s stock after selling 750 shares during the quarter. Steinberg Global Asset Management’s holdings in iShares US Preferred Stock ETF were worth $380,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of PFF. MCF Advisors LLC increased its position in iShares US Preferred Stock ETF by 159.5% in the 4th quarter. MCF Advisors LLC now owns 776 shares of the company’s stock valued at $27,000 after acquiring an additional 477 shares in the last quarter. TD Capital Management LLC increased its position in iShares US Preferred Stock ETF by 336.7% in the 4th quarter. TD Capital Management LLC now owns 856 shares of the company’s stock valued at $29,000 after acquiring an additional 660 shares in the last quarter. Doyle Wealth Management acquired a new stake in iShares US Preferred Stock ETF in the 4th quarter valued at about $29,000. Stone House Investment Management LLC acquired a new stake in iShares US Preferred Stock ETF in the 1st quarter valued at about $29,000. Finally, Bogart Wealth LLC increased 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 acquiring an additional 603 shares in the last quarter.

PFF opened at $36.70 on Wednesday. iShares US Preferred Stock ETF has a 1-year low of $33.26 and a 1-year high of $38.08.

The business also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were given a $0.1804 dividend. This represents a $2.17 annualized dividend and a yield of 5.90%. The ex-dividend date of this dividend was Monday, April 1st. 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 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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