iShares US Preferred Stock ETF (PFF) Shares Sold by Destination Wealth Management

Destination Wealth Management trimmed its position in shares of iShares US Preferred Stock ETF (NASDAQ:PFF) by 11.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 54,067 shares of the company’s stock after selling 6,816 shares during the quarter. Destination Wealth Management’s holdings in iShares US Preferred Stock ETF were worth $1,851,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Brave Asset Management Inc. boosted its position in iShares US Preferred Stock ETF by 2,508.1% during the third quarter. Brave Asset Management Inc. now owns 370,328 shares of the company’s stock worth $13,750,000 after purchasing an additional 356,129 shares in the last quarter. Smithfield Trust Co. boosted its position in iShares US Preferred Stock ETF by 8.7% during the third quarter. Smithfield Trust Co. now owns 450,434 shares of the company’s stock worth $16,724,000 after purchasing an additional 36,150 shares in the last quarter. SPC Financial Inc. boosted its position in iShares US Preferred Stock ETF by 1.7% during the fourth quarter. SPC Financial Inc. now owns 75,186 shares of the company’s stock worth $2,574,000 after purchasing an additional 1,275 shares in the last quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC raised its holdings in shares of iShares US Preferred Stock ETF by 5,289.6% in the third quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 13,959 shares of the company’s stock worth $518,000 after acquiring an additional 13,700 shares during the last quarter. Finally, M Holdings Securities Inc. raised its holdings in shares of iShares US Preferred Stock ETF by 14.4% in the third quarter. M Holdings Securities Inc. now owns 11,618 shares of the company’s stock worth $431,000 after acquiring an additional 1,460 shares during the last quarter.

NASDAQ PFF opened at $35.66 on Tuesday. iShares US Preferred Stock ETF has a fifty-two week low of $33.26 and a fifty-two week high of $38.08.

The business also recently declared a monthly dividend, which was paid on Thursday, February 7th. Stockholders of record on Monday, February 4th were issued a $0.1694 dividend. The ex-dividend date of this dividend was Friday, February 1st. This represents a $2.03 dividend on an annualized basis and a dividend yield of 5.70%.

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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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