Blue Sky Asset Management LLC lowered its stake in shares of iShares US Preferred Stock ETF (NASDAQ:PFF) by 95.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,848 shares of the company’s stock after selling 115,368 shares during the quarter. Blue Sky Asset Management LLC’s holdings in iShares US Preferred Stock ETF were worth $217,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Allianz Asset Management GmbH increased its position in iShares US Preferred Stock ETF by 34.1% during the 1st quarter. Allianz Asset Management GmbH now owns 13,825 shares of the company’s stock worth $519,000 after purchasing an additional 3,513 shares in the last quarter. Bank of Montreal Can increased its position in iShares US Preferred Stock ETF by 13.9% during the 2nd quarter. Bank of Montreal Can now owns 666,958 shares of the company’s stock worth $25,150,000 after purchasing an additional 81,286 shares in the last quarter. Janney Montgomery Scott LLC increased its position in iShares US Preferred Stock ETF by 1.4% during the 2nd quarter. Janney Montgomery Scott LLC now owns 533,817 shares of the company’s stock worth $20,130,000 after purchasing an additional 7,456 shares in the last quarter. Visionary Asset Management Inc. acquired a new stake in iShares US Preferred Stock ETF during the 2nd quarter worth approximately $248,000. Finally, Squar Milner Financial Services LLC increased its position in iShares US Preferred Stock ETF by 3.7% during the 2nd quarter. Squar Milner Financial Services LLC now owns 41,140 shares of the company’s stock worth $1,551,000 after purchasing an additional 1,470 shares in the last quarter.

PFF opened at $35.46 on Thursday. iShares US Preferred Stock ETF has a 1 year low of $35.27 and a 1 year high of $38.72.

The firm also recently announced a monthly dividend, which was paid on Wednesday, November 7th. Investors of record on Friday, November 2nd were given a dividend of $0.1565 per share. This represents a $1.88 dividend on an annualized basis and a yield of 5.30%. The ex-dividend date of this dividend was Thursday, November 1st.

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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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