Moors & Cabot Inc. trimmed its holdings in shares of iShares S&P US Pref Stock Idx Fnd (NYSE:PFF) by 2.3% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,862 shares of the company’s stock after selling 688 shares during the period. Moors & Cabot Inc.’s holdings in iShares S&P US Pref Stock Idx Fnd were worth $1,172,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. FMR LLC increased its holdings in iShares S&P US Pref Stock Idx Fnd by 4.4% during the 2nd quarter. FMR LLC now owns 11,048,938 shares of the company’s stock valued at $432,787,000 after purchasing an additional 463,804 shares in the last quarter. Wells Fargo & Company MN increased its holdings in iShares S&P US Pref Stock Idx Fnd by 1.7% during the 2nd quarter. Wells Fargo & Company MN now owns 9,669,965 shares of the company’s stock valued at $378,773,000 after purchasing an additional 160,253 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in iShares S&P US Pref Stock Idx Fnd by 4.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 5,497,580 shares of the company’s stock valued at $215,283,000 after purchasing an additional 232,091 shares in the last quarter. Citigroup Inc. increased its holdings in iShares S&P US Pref Stock Idx Fnd by 5.0% during the 2nd quarter. Citigroup Inc. now owns 5,034,623 shares of the company’s stock valued at $197,206,000 after purchasing an additional 239,291 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in iShares S&P US Pref Stock Idx Fnd by 758.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 4,246,425 shares of the company’s stock valued at $166,332,000 after purchasing an additional 3,751,827 shares in the last quarter.

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iShares S&P US Pref Stock Idx Fnd (NYSE PFF) traded down 0.44% during midday trading on Friday, reaching $38.31. The company had a trading volume of 5,703,039 shares. The firm has a 50-day moving average of $38.79 and a 200-day moving average of $38.90. iShares S&P US Pref Stock Idx Fnd has a 12 month low of $36.70 and a 12 month high of $39.46.

The company also recently disclosed a monthly dividend, which was paid on Friday, October 6th. Shareholders of record on Tuesday, October 3rd were given a dividend of $0.1751 per share. The ex-dividend date of this dividend was Monday, October 2nd. This represents a $2.10 annualized dividend and a yield of 5.48%.

iShares S&P US Pref Stock Idx Fnd 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.

Want to see what other hedge funds are holding PFF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P US Pref Stock Idx Fnd (NYSE:PFF).

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

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