Baker Ellis Asset Management LLC increased its position in shares of iShares S&P US Pref Stock Idx Fnd (NYSE:PFF) by 94.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,166 shares of the company’s stock after buying an additional 2,504 shares during the period. Baker Ellis Asset Management LLC’s holdings in iShares S&P US Pref Stock Idx Fnd were worth $202,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Cue Financial Group Inc. increased its position in iShares S&P US Pref Stock Idx Fnd by 198.1% in the second quarter. Cue Financial Group Inc. now owns 36,794 shares of the company’s stock worth $1,441,000 after buying an additional 24,450 shares during the period. SPC Financial Inc. increased its position in iShares S&P US Pref Stock Idx Fnd by 12.6% in the second quarter. SPC Financial Inc. now owns 7,160 shares of the company’s stock worth $280,000 after buying an additional 800 shares during the period. Aviance Capital Partners LLC increased its position in iShares S&P US Pref Stock Idx Fnd by 17.2% in the second quarter. Aviance Capital Partners LLC now owns 24,440 shares of the company’s stock worth $957,000 after buying an additional 3,581 shares during the period. Meridian Wealth Management LLC increased its position in iShares S&P US Pref Stock Idx Fnd by 1.8% in the second quarter. Meridian Wealth Management LLC now owns 13,868 shares of the company’s stock worth $543,000 after buying an additional 239 shares during the period. Finally, Steinberg Global Asset Management increased its position in iShares S&P US Pref Stock Idx Fnd by 1.4% in the second quarter. Steinberg Global Asset Management now owns 200,486 shares of the company’s stock worth $7,853,000 after buying an additional 2,718 shares during the period.

iShares S&P US Pref Stock Idx Fnd (NYSE PFF) opened at 39.15 on Tuesday. The firm’s 50-day moving average price is $39.11 and its 200-day moving average price is $38.71. iShares S&P US Pref Stock Idx Fnd has a 1-year low of $36.69 and a 1-year high of $40.34.

The firm also recently announced a monthly dividend, which was paid on Monday, August 7th. Shareholders of record on Thursday, August 3rd were paid a dividend of $0.1768 per share. This represents a $2.12 dividend on an annualized basis and a dividend yield of 5.42%. The ex-dividend date was Tuesday, August 1st.

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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 (NYSE:PFF).

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

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