iShares US Preferred Stock ETF (PFF) Position Lifted by Synovus Financial Corp

Synovus Financial Corp increased its holdings in shares of iShares US Preferred Stock ETF (NASDAQ:PFF) by 11.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 522,159 shares of the company’s stock after acquiring an additional 53,452 shares during the quarter. Synovus Financial Corp owned about 0.12% of iShares US Preferred Stock ETF worth $19,385,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Morgan Stanley grew its holdings in iShares US Preferred Stock ETF by 4.1% in the 2nd quarter. Morgan Stanley now owns 5,942,773 shares of the company’s stock valued at $224,102,000 after buying an additional 233,968 shares in the last quarter. SPC Financial Inc. grew its holdings in iShares US Preferred Stock ETF by 4.1% in the 2nd quarter. SPC Financial Inc. now owns 71,911 shares of the company’s stock valued at $2,712,000 after buying an additional 2,815 shares in the last quarter. PFS Investments Inc. grew its holdings in iShares US Preferred Stock ETF by 11.4% in the 3rd quarter. PFS Investments Inc. now owns 271,874 shares of the company’s stock valued at $10,095,000 after buying an additional 27,724 shares in the last quarter. US Bancorp DE grew its holdings in iShares US Preferred Stock ETF by 3.6% in the 2nd quarter. US Bancorp DE now owns 2,806,953 shares of the company’s stock valued at $105,850,000 after buying an additional 98,669 shares in the last quarter. Finally, Mutual Advisors LLC grew its holdings in iShares US Preferred Stock ETF by 34.5% in the 2nd quarter. Mutual Advisors LLC now owns 52,876 shares of the company’s stock valued at $1,994,000 after buying an additional 13,555 shares in the last quarter.

Shares of NASDAQ PFF opened at $35.89 on Friday. iShares US Preferred Stock ETF has a one year low of $35.81 and a one year high of $38.72.

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, November 7th. Shareholders of record on Friday, November 2nd will be issued a $0.1565 dividend. This represents a $1.88 dividend on an annualized basis and a yield of 5.23%. The ex-dividend date of this dividend is Thursday, November 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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Institutional Ownership by Quarter for iShares US Preferred Stock ETF (NASDAQ:PFF)

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