FTB Advisors Inc. Acquires 9,748 Shares of iShares US Preferred Stock ETF (PFF)

FTB Advisors Inc. increased its holdings in shares of iShares US Preferred Stock ETF (NASDAQ:PFF) by 4.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 253,245 shares of the company’s stock after acquiring an additional 9,748 shares during the quarter. FTB Advisors Inc.’s holdings in iShares US Preferred Stock ETF were worth $9,403,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Bridgeworth LLC purchased a new position in iShares US Preferred Stock ETF during the second quarter worth about $108,000. Canton Hathaway LLC purchased a new position in iShares US Preferred Stock ETF during the third quarter worth about $111,000. Poehling Capital Management LLC raised 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 worth $155,000 after purchasing an additional 2,750 shares during the period. CX Institutional purchased a new position in iShares US Preferred Stock ETF during the second quarter worth about $169,000. Finally, Flagship Harbor Advisors LLC purchased a new position in iShares US Preferred Stock ETF during the second quarter worth about $185,000.

Shares of PFF stock opened at $35.99 on Wednesday. iShares US Preferred Stock ETF has a 12 month low of $35.81 and a 12 month high of $38.72.

The company also recently announced a monthly dividend, which will be paid on Wednesday, November 7th. Shareholders of record on Friday, November 2nd will be paid a dividend of $0.1565 per share. This represents a $1.88 dividend on an annualized basis and a yield of 5.22%. The ex-dividend date of this dividend is Thursday, November 1st.

TRADEMARK VIOLATION NOTICE: This news story was posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this news story on another site, it was copied illegally and reposted in violation of United States & international copyright & trademark legislation. The original version of this news story can be viewed at https://www.dispatchtribunal.com/2018/11/07/ftb-advisors-inc-acquires-9748-shares-of-ishares-us-preferred-stock-etf-pff.html.

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.

See Also: What is Cost of Debt?

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)

Receive News & Ratings for iShares US Preferred Stock ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares US Preferred Stock ETF and related companies with MarketBeat.com's FREE daily email newsletter.


Leave a Reply