iShares US Preferred Stock ETF (PFF) Stake Increased by DT Investment Partners LLC

DT Investment Partners LLC lifted its holdings in iShares US Preferred Stock ETF (NASDAQ:PFF) by 11.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 200,138 shares of the company’s stock after purchasing an additional 20,307 shares during the quarter. iShares US Preferred Stock ETF comprises about 1.1% of DT Investment Partners LLC’s portfolio, making the stock its 13th biggest position. DT Investment Partners LLC’s holdings in iShares US Preferred Stock ETF were worth $7,431,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Bridgeworth LLC acquired a new stake in iShares US Preferred Stock ETF in the 2nd quarter worth approximately $108,000. Canton Hathaway LLC acquired a new stake in shares of iShares US Preferred Stock ETF during the third quarter worth $111,000. Poehling Capital Management LLC lifted its stake in shares of iShares US Preferred Stock ETF by 203.7% during the second quarter. Poehling Capital Management LLC now owns 4,100 shares of the company’s stock worth $155,000 after buying an additional 2,750 shares during the period. CX Institutional acquired a new stake in shares of iShares US Preferred Stock ETF during the second quarter worth $169,000. Finally, Flagship Harbor Advisors LLC acquired a new stake in shares of iShares US Preferred Stock ETF during the second quarter worth $185,000.

Shares of NASDAQ:PFF traded down $0.07 on Friday, hitting $36.15. 137,979 shares of the company were exchanged, compared to its average volume of 2,819,917. iShares US Preferred Stock ETF has a 1-year low of $35.81 and a 1-year high of $38.72.



The company also recently declared a monthly dividend, which was paid on Friday, October 5th. Shareholders of record on Tuesday, October 2nd were given a dividend of $0.1592 per share. The ex-dividend date of this dividend was Monday, October 1st. This represents a $1.91 dividend on an annualized basis and a yield of 5.28%.

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.

See Also: Book Value Per Share in Stock Trading

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

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