Pekin Singer Strauss Asset Management IL increased its position in shares of iShares S&P US Pref Stock Idx Fnd (NYSE:PFF) by 611.6% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 98,980 shares of the company’s stock after buying an additional 85,070 shares during the period. Pekin Singer Strauss Asset Management IL’s holdings in iShares S&P US Pref Stock Idx Fnd were worth $3,877,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Blue Sky Asset Management LLC boosted its position in shares of iShares S&P US Pref Stock Idx Fnd by 1.0% in the second quarter. Blue Sky Asset Management LLC now owns 7,335 shares of the company’s stock worth $287,000 after buying an additional 72 shares during the last quarter. Weatherly Asset Management L. P. boosted its position in shares of iShares S&P US Pref Stock Idx Fnd by 0.3% in the second quarter. Weatherly Asset Management L. P. now owns 59,925 shares of the company’s stock worth $2,347,000 after buying an additional 151 shares during the last quarter. Meridian Wealth Management LLC boosted its position in shares of 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 last quarter. LifePlan Financial Group Inc boosted its position in shares of iShares S&P US Pref Stock Idx Fnd by 2.6% in the second quarter. LifePlan Financial Group Inc now owns 9,936 shares of the company’s stock worth $389,000 after buying an additional 254 shares during the last quarter. Finally, Grove Bank & Trust boosted its position in shares of iShares S&P US Pref Stock Idx Fnd by 6.0% in the second quarter. Grove Bank & Trust now owns 7,050 shares of the company’s stock worth $276,000 after buying an additional 400 shares during the last quarter.

Shares of iShares S&P US Pref Stock Idx Fnd (PFF) opened at 38.63 on Friday. The stock has a 50 day moving average price of $39.11 and a 200-day moving average price of $38.75. iShares S&P US Pref Stock Idx Fnd has a 52 week low of $36.70 and a 52 week high of $40.20.

The business also recently announced a monthly dividend, which was paid on Monday, August 7th. Stockholders of record on Thursday, August 3rd were given a dividend of $0.1768 per share. The ex-dividend date of this dividend was Tuesday, August 1st. This represents a $2.12 dividend on an annualized basis and a dividend yield of 5.49%.

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iShares S&P US Pref Stock Idx Fnd 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.

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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