Stone House Investment Management LLC bought a new position in shares of iShares US Preferred Stock ETF (NASDAQ:PFF) during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 802 shares of the company’s stock, valued at approximately $29,000.

A number of other hedge funds have also bought and sold shares of PFF. JPMorgan Chase & Co. lifted its holdings in iShares US Preferred Stock ETF by 4,735.8% during the third quarter. JPMorgan Chase & Co. now owns 10,871,767 shares of the company’s stock worth $403,669,000 after acquiring an additional 10,646,948 shares in the last quarter. Allianz Asset Management GmbH lifted its holdings in shares of iShares US Preferred Stock ETF by 7.6% in the third quarter. Allianz Asset Management GmbH now owns 32,461 shares of the company’s stock valued at $1,205,000 after purchasing an additional 2,296 shares in the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of iShares US Preferred Stock ETF by 219.5% in the third quarter. The Manufacturers Life Insurance Company now owns 307,140 shares of the company’s stock valued at $11,404,000 after purchasing an additional 211,015 shares in the last quarter. Northstar Wealth Partners LLC bought a new stake in shares of iShares US Preferred Stock ETF in the third quarter valued at about $217,000. Finally, Jackson Grant Investment Advisers Inc. lifted its holdings in shares of iShares US Preferred Stock ETF by 11.6% in the third quarter. Jackson Grant Investment Advisers Inc. now owns 76,389 shares of the company’s stock valued at $2,836,000 after purchasing an additional 7,935 shares in the last quarter.

Shares of iShares US Preferred Stock ETF stock opened at $36.68 on Friday. iShares US Preferred Stock ETF has a one year low of $33.26 and a one year high of $38.08.

The company also recently declared a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were issued a $0.1804 dividend. This represents a $2.17 dividend on an annualized basis and a dividend yield of 5.90%. This is a positive change from iShares US Preferred Stock ETF’s previous monthly dividend of $0.18. The ex-dividend date was Monday, April 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.

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

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