Robinson Capital Management LLC boosted its holdings in iShares S&P US Pref Stock Idx Fnd (NYSE:PFF) by 104.6% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 55,917 shares of the company’s stock after buying an additional 28,592 shares during the period. Robinson Capital Management LLC’s holdings in iShares S&P US Pref Stock Idx Fnd were worth $2,190,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Wells Fargo & Company MN lifted its holdings in iShares S&P US Pref Stock Idx Fnd by 1.7% in the second quarter. Wells Fargo & Company MN now owns 9,669,965 shares of the company’s stock valued at $378,773,000 after buying an additional 160,253 shares during the period. Cue Financial Group Inc. lifted its holdings in 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 valued at $1,441,000 after buying an additional 24,450 shares during the period. Charles Schwab Investment Advisory Inc. lifted its holdings in 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 valued at $528,000 after buying an additional 3,257 shares during the period. Evergreen Capital Management LLC lifted its holdings in iShares S&P US Pref Stock Idx Fnd by 24.7% in the second quarter. Evergreen Capital Management LLC now owns 96,972 shares of the company’s stock valued at $3,798,000 after buying an additional 19,202 shares during the period. Finally, Destination Wealth Management lifted its holdings in iShares S&P US Pref Stock Idx Fnd by 9.5% in the second quarter. Destination Wealth Management now owns 103,721 shares of the company’s stock valued at $4,063,000 after buying an additional 9,010 shares during the period.

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Shares of iShares S&P US Pref Stock Idx Fnd (PFF) traded up 0.03% during trading on Friday, reaching $38.81. 3,573,748 shares of the company traded hands. The company has a 50 day moving average price of $38.89 and a 200 day moving average price of $38.86. iShares S&P US Pref Stock Idx Fnd has a 12-month low of $36.70 and a 12-month high of $39.86.

The firm also recently announced a monthly dividend, which was paid on Friday, September 8th. Shareholders of record on Wednesday, September 6th were issued a dividend of $0.1773 per share. This represents a $2.13 dividend on an annualized basis and a yield of 5.48%. This is a positive change from iShares S&P US Pref Stock Idx Fnd’s previous monthly dividend of $0.18. The ex-dividend date of this dividend was Friday, September 1st.

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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