Aviance Capital Management LLC Has $6.82 Million Stake in iShares US Preferred Stock ETF (PFF)

Aviance Capital Management LLC cut its position in iShares US Preferred Stock ETF (NASDAQ:PFF) by 20.9% in the third quarter, HoldingsChannel reports. The firm owned 183,778 shares of the company’s stock after selling 48,428 shares during the quarter. Aviance Capital Management LLC’s holdings in iShares US Preferred Stock ETF were worth $6,824,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Bridgeworth LLC purchased a new position in iShares US Preferred Stock ETF during the second quarter valued at $108,000. Canton Hathaway LLC purchased a new position in iShares US Preferred Stock ETF during the third quarter valued at $111,000. Poehling Capital Management LLC grew its stake in 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 valued at $155,000 after acquiring an additional 2,750 shares in the last quarter. CX Institutional purchased a new position in iShares US Preferred Stock ETF during the second quarter valued at $169,000. Finally, Flagship Harbor Advisors LLC purchased a new position in iShares US Preferred Stock ETF during the second quarter valued at $185,000.

PFF opened at $36.13 on Tuesday. iShares US Preferred Stock ETF has a fifty-two week low of $35.81 and a fifty-two week high of $38.72.



The business also recently announced a monthly dividend, which was paid on Friday, October 5th. Investors of record on Tuesday, October 2nd were paid a dividend of $0.1592 per share. The ex-dividend date was Monday, October 1st. This represents a $1.91 annualized dividend and a yield of 5.29%.

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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Want to see what other hedge funds are holding PFF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares US Preferred Stock ETF (NASDAQ:PFF).

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

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