MONECO Advisors LLC boosted its position in iShares US Preferred Stock ETF (NASDAQ:PFF) by 43.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 11,094 shares of the company’s stock after acquiring an additional 3,373 shares during the quarter. MONECO Advisors LLC’s holdings in iShares US Preferred Stock ETF were worth $422,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in PFF. Grimes & Company Inc. bought a new stake in iShares US Preferred Stock ETF during the third quarter worth $71,310,000. UBS Group AG raised its holdings in shares of iShares US Preferred Stock ETF by 56.9% during the 2nd quarter. UBS Group AG now owns 4,775,937 shares of the company’s stock worth $175,994,000 after buying an additional 1,732,716 shares in the last quarter. Foundations Investment Advisors LLC bought a new stake in shares of iShares US Preferred Stock ETF during the 3rd quarter worth $26,165,000. Boston Private Wealth LLC boosted its stake in iShares US Preferred Stock ETF by 235.5% in the third quarter. Boston Private Wealth LLC now owns 907,915 shares of the company’s stock valued at $34,074,000 after buying an additional 637,302 shares in the last quarter. Finally, Randolph Co Inc acquired a new stake in iShares US Preferred Stock ETF in the third quarter valued at about $18,878,000.

iShares US Preferred Stock ETF stock remained flat at $$38.07 during midday trading on Tuesday. The company’s stock had a trading volume of 3,335,981 shares, compared to its average volume of 5,297,664. iShares US Preferred Stock ETF has a 1 year low of $35.36 and a 1 year high of $38.10. The firm’s 50 day moving average is $37.54 and its 200-day moving average is $37.34.

The business also recently announced a monthly dividend, which was paid on Thursday, December 26th. Stockholders of record on Friday, December 20th were issued a $0.155 dividend. The ex-dividend date was Thursday, December 19th. This represents a $1.86 dividend on an annualized basis and a dividend yield of 4.88%.

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.

Further Reading: How Do You Calculate Return on Equity (ROE)?

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

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