Willingdon Wealth Management Increases Stake in iShares US Preferred Stock ETF (PFF)

Willingdon Wealth Management lifted its position in shares of iShares US Preferred Stock ETF (NASDAQ:PFF) by 1.2% during the 3rd quarter, HoldingsChannel reports. The firm owned 267,148 shares of the company’s stock after purchasing an additional 3,201 shares during the quarter. iShares US Preferred Stock ETF accounts for approximately 2.7% of Willingdon Wealth Management’s investment portfolio, making the stock its 3rd largest holding. Willingdon Wealth Management’s holdings in iShares US Preferred Stock ETF were worth $9,919,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Bridgeworth LLC acquired a new stake in iShares US Preferred Stock ETF in the 2nd quarter valued at $108,000. Canton Hathaway LLC acquired a new stake in iShares US Preferred Stock ETF in the 3rd quarter valued at $111,000. Poehling Capital Management LLC boosted its stake in iShares US Preferred Stock ETF by 203.7% in the 2nd quarter. Poehling Capital Management LLC now owns 4,100 shares of the company’s stock valued at $155,000 after buying an additional 2,750 shares in the last quarter. CX Institutional acquired a new stake in iShares US Preferred Stock ETF in the 2nd quarter valued at $169,000. Finally, Flagship Harbor Advisors LLC acquired a new stake in iShares US Preferred Stock ETF in the 2nd quarter valued at $185,000.

PFF stock traded down $0.04 during trading on Friday, hitting $35.98. The company had a trading volume of 16,160 shares, compared to its average volume of 2,810,170. 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 declared a monthly dividend, which was paid on Friday, October 5th. Investors of record on Tuesday, October 2nd were paid a $0.1592 dividend. This represents a $1.91 annualized dividend and a yield of 5.31%. The ex-dividend date was Monday, October 1st.

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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