Royal Bank of Canada lifted its stake in shares of iShares S&P US Pref Stock Idx Fnd (NYSE:PFF) by 3.1% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,366,299 shares of the company’s stock after acquiring an additional 101,568 shares during the quarter. Royal Bank of Canada’s holdings in iShares S&P US Pref Stock Idx Fnd were worth $131,859,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cue Financial Group Inc. increased its holdings in shares of iShares S&P US Pref Stock Idx Fnd by 198.1% during the 2nd quarter. Cue Financial Group Inc. now owns 36,794 shares of the company’s stock valued at $1,441,000 after acquiring an additional 24,450 shares during the last quarter. SPC Financial Inc. lifted its holdings in iShares S&P US Pref Stock Idx Fnd by 12.6% in the 2nd quarter. SPC Financial Inc. now owns 7,160 shares of the company’s stock worth $280,000 after purchasing an additional 800 shares during the last quarter. Aviance Capital Partners LLC lifted its holdings in iShares S&P US Pref Stock Idx Fnd by 17.2% in the 2nd quarter. Aviance Capital Partners LLC now owns 24,440 shares of the company’s stock worth $957,000 after purchasing an additional 3,581 shares during the last quarter. Meridian Wealth Management LLC lifted its holdings in iShares S&P US Pref Stock Idx Fnd by 1.8% in the 2nd quarter. Meridian Wealth Management LLC now owns 13,868 shares of the company’s stock worth $543,000 after purchasing an additional 239 shares during the last quarter. Finally, Steinberg Global Asset Management lifted its holdings in iShares S&P US Pref Stock Idx Fnd by 1.4% in the 2nd quarter. Steinberg Global Asset Management now owns 200,486 shares of the company’s stock worth $7,853,000 after purchasing an additional 2,718 shares during the last quarter.

iShares S&P US Pref Stock Idx Fnd (PFF) traded up 0.05% during midday trading on Tuesday, reaching $38.55. The company had a trading volume of 788,323 shares. iShares S&P US Pref Stock Idx Fnd has a 52-week low of $36.70 and a 52-week high of $39.46. The company’s 50-day moving average is $38.84 and its 200 day moving average is $38.90.

The business also recently announced a monthly dividend, which will be paid on Friday, October 6th. Investors of record on Tuesday, October 3rd will be given a $0.1751 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 5.45%. The ex-dividend date is Monday, October 2nd.

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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.

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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