Reliance Trust Co. of Delaware Acquires 1,111 Shares of iShares US Preferred Stock ETF (NASDAQ:PFF)

Reliance Trust Co. of Delaware grew its stake in shares of iShares US Preferred Stock ETF (NASDAQ:PFF) by 14.3% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 8,862 shares of the company’s stock after buying an additional 1,111 shares during the quarter. Reliance Trust Co. of Delaware’s holdings in iShares US Preferred Stock ETF were worth $324,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. JPMorgan Chase & Co. grew its position in shares of iShares US Preferred Stock ETF by 4,735.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 10,871,767 shares of the company’s stock valued at $403,669,000 after acquiring an additional 10,646,948 shares during the period. Aozora Bank LTD. grew its position in shares of iShares US Preferred Stock ETF by 7.6% during the 4th quarter. Aozora Bank LTD. now owns 9,025,000 shares of the company’s stock valued at $308,926,000 after acquiring an additional 640,000 shares during the period. BlackRock Inc. grew its position in shares of iShares US Preferred Stock ETF by 4.0% during the 4th quarter. BlackRock Inc. now owns 4,340,258 shares of the company’s stock valued at $148,566,000 after acquiring an additional 165,050 shares during the period. MD Financial Management Inc. grew its position in shares of iShares US Preferred Stock ETF by 2.5% during the 4th quarter. MD Financial Management Inc. now owns 3,481,179 shares of the company’s stock valued at $119,161,000 after acquiring an additional 83,889 shares during the period. Finally, W.E. Donoghue & Co. LLC grew its position in shares of iShares US Preferred Stock ETF by 284.8% during the 4th quarter. W.E. Donoghue & Co. LLC now owns 1,238,958 shares of the company’s stock valued at $42,410,000 after acquiring an additional 917,005 shares during the period.

Shares of PFF stock traded up $0.05 during trading on Wednesday, reaching $36.58. 2,295,719 shares of the company’s stock traded hands, compared to its average volume of 3,361,668. iShares US Preferred Stock ETF has a 1 year low of $33.26 and a 1 year high of $38.08.

The firm also recently declared a monthly dividend, which was paid on Wednesday, May 8th. Investors of record on Friday, May 3rd were paid a dividend of $0.172 per share. This represents a $2.06 dividend on an annualized basis and a dividend yield of 5.64%. The ex-dividend date of this dividend was Thursday, May 2nd.

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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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