FFT Wealth Management LLC boosted its position in iShares S&P US Pref Stock Idx Fnd (NYSE:PFF) by 1.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 34,541 shares of the company’s stock after buying an additional 486 shares during the period. FFT Wealth Management LLC’s holdings in iShares S&P US Pref Stock Idx Fnd were worth $1,353,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of PFF. Cue Financial Group Inc. increased its position in shares of iShares S&P US Pref Stock Idx Fnd by 198.1% in the second quarter. Cue Financial Group Inc. now owns 36,794 shares of the company’s stock worth $1,441,000 after buying an additional 24,450 shares in the last quarter. Charles Schwab Investment Advisory Inc. increased its position in shares of iShares S&P US Pref Stock Idx Fnd by 31.9% in the second quarter. Charles Schwab Investment Advisory Inc. now owns 13,482 shares of the company’s stock worth $528,000 after buying an additional 3,257 shares in the last quarter. DT Investment Partners LLC increased its position in shares of iShares S&P US Pref Stock Idx Fnd by 6.3% in the second quarter. DT Investment Partners LLC now owns 340,348 shares of the company’s stock worth $13,331,000 after buying an additional 20,297 shares in the last quarter. Bank of Stockton purchased a new position in shares of iShares S&P US Pref Stock Idx Fnd during the second quarter worth about $235,000. Finally, Harbour Capital Advisors LLC increased its position in shares of iShares S&P US Pref Stock Idx Fnd by 3,734.2% in the second quarter. Harbour Capital Advisors LLC now owns 589,509 shares of the company’s stock worth $15,050,000 after buying an additional 574,134 shares in the last quarter.

Shares of iShares S&P US Pref Stock Idx Fnd (NYSE PFF) traded up 0.04% during mid-day trading on Wednesday, hitting $38.87. 161,174 shares of the stock traded hands. The stock has a 50-day moving average of $39.02 and a 200 day moving average of $38.81. iShares S&P US Pref Stock Idx Fnd has a one year low of $36.69 and a one year high of $40.20.

The firm also recently declared a monthly dividend, which was paid on Monday, August 7th. Shareholders of record on Thursday, August 3rd were given a $0.1768 dividend. This represents a $2.12 annualized dividend and a yield of 5.46%. The ex-dividend date of this dividend was Tuesday, August 1st.

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iShares S&P US Pref Stock Idx Fnd Company 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.

Institutional Ownership by Quarter for iShares S&P US Pref Stock Idx Fnd (NYSE:PFF)

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