Starfire Investment Advisers Inc. lowered its stake in shares of iShares S&P US Pref Stock Idx Fnd (NYSE:PFF) by 0.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 44,496 shares of the company’s stock after selling 391 shares during the period. iShares S&P US Pref Stock Idx Fnd comprises approximately 1.0% of Starfire Investment Advisers Inc.’s holdings, making the stock its 25th largest position. Starfire Investment Advisers Inc.’s holdings in iShares S&P US Pref Stock Idx Fnd were worth $1,742,000 as of its most recent filing with the SEC.

Other hedge funds also recently added to or reduced their stakes in the company. IFC Holdings Incorporated FL raised its stake in iShares S&P US Pref Stock Idx Fnd by 142.8% in the second quarter. IFC Holdings Incorporated FL now owns 83,751 shares of the company’s stock valued at $3,282,000 after buying an additional 49,255 shares in the last quarter. Sigma Planning Corp raised its stake in iShares S&P US Pref Stock Idx Fnd by 4.5% in the second quarter. Sigma Planning Corp now owns 263,252 shares of the company’s stock valued at $10,312,000 after buying an additional 11,300 shares in the last quarter. Pekin Singer Strauss Asset Management IL raised its stake in iShares S&P US Pref Stock Idx Fnd by 611.6% in the second quarter. Pekin Singer Strauss Asset Management IL now owns 98,980 shares of the company’s stock valued at $3,877,000 after buying an additional 85,070 shares in the last quarter. Traynor Capital Management Inc. raised its stake in iShares S&P US Pref Stock Idx Fnd by 15.2% in the second quarter. Traynor Capital Management Inc. now owns 74,787 shares of the company’s stock valued at $2,930,000 after buying an additional 9,849 shares in the last quarter. Finally, Partnervest Advisory Services LLC raised its stake in iShares S&P US Pref Stock Idx Fnd by 16.2% in the second quarter. Partnervest Advisory Services LLC now owns 38,622 shares of the company’s stock valued at $1,512,000 after buying an additional 5,393 shares in the last quarter.

Shares of iShares S&P US Pref Stock Idx Fnd (PFF) opened at 38.63 on Friday. The firm’s 50-day moving average price is $39.11 and its 200 day moving average price is $38.75. iShares S&P US Pref Stock Idx Fnd has a 12-month low of $36.70 and a 12-month high of $40.20.

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

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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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