Windsor Capital Management LLC reduced its position in shares of iShares US Preferred Stock ETF (NASDAQ:PFF) by 3.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 206,012 shares of the company’s stock after selling 8,296 shares during the period. iShares US Preferred Stock ETF accounts for about 3.5% of Windsor Capital Management LLC’s holdings, making the stock its 6th biggest position. Windsor Capital Management LLC’s holdings in iShares US Preferred Stock ETF were worth $7,649,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in PFF. Morgan Stanley raised its position in iShares US Preferred Stock ETF by 4.1% in the second quarter. Morgan Stanley now owns 5,942,773 shares of the company’s stock worth $224,102,000 after acquiring an additional 233,968 shares during the period. PFS Investments Inc. raised its position in iShares US Preferred Stock ETF by 11.4% in the third quarter. PFS Investments Inc. now owns 271,874 shares of the company’s stock worth $10,095,000 after acquiring an additional 27,724 shares during the period. Brave Asset Management Inc. raised its position in shares of iShares US Preferred Stock ETF by 2,508.1% in the third quarter. Brave Asset Management Inc. now owns 370,328 shares of the company’s stock valued at $13,750,000 after purchasing an additional 356,129 shares during the period. US Bancorp DE raised its position in shares of iShares US Preferred Stock ETF by 3.6% in the second quarter. US Bancorp DE now owns 2,806,953 shares of the company’s stock valued at $105,850,000 after purchasing an additional 98,669 shares during the period. Finally, Mutual Advisors LLC raised its position in shares of iShares US Preferred Stock ETF by 34.5% in the second quarter. Mutual Advisors LLC now owns 52,876 shares of the company’s stock valued at $1,994,000 after purchasing an additional 13,555 shares during the period.

NASDAQ PFF opened at $35.40 on Tuesday. iShares US Preferred Stock ETF has a 12-month low of $35.52 and a 12-month high of $38.72.

The firm also recently declared a monthly dividend, which was paid on Wednesday, November 7th. Stockholders of record on Friday, November 2nd were given a $0.1565 dividend. This represents a $1.88 annualized dividend and a dividend yield of 5.31%. The ex-dividend date was Thursday, November 1st.

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About iShares US Preferred Stock ETF

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.

Further Reading: Fundamental Analysis

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

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