Bernardo Wealth Planning LLC Lowers Holdings in iShares US Preferred Stock ETF (PFF)

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Bernardo Wealth Planning LLC trimmed its stake in iShares US Preferred Stock ETF (NASDAQ:PFF) by 9.7% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,950 shares of the company’s stock after selling 1,387 shares during the period. Bernardo Wealth Planning LLC’s holdings in iShares US Preferred Stock ETF were worth $473,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in the business. First Citizens Bank & Trust Co. raised its holdings in shares of iShares US Preferred Stock ETF by 5.3% in the 4th quarter. First Citizens Bank & Trust Co. now owns 6,000 shares of the company’s stock valued at $205,000 after purchasing an additional 300 shares in the last quarter. Enterprise Financial Services Corp raised its holdings in shares of iShares US Preferred Stock ETF by 47.7% in the 1st quarter. Enterprise Financial Services Corp now owns 1,000 shares of the company’s stock valued at $37,000 after purchasing an additional 323 shares in the last quarter. E&G Advisors LP raised its holdings in shares of iShares US Preferred Stock ETF by 3.6% in the 1st quarter. E&G Advisors LP now owns 9,325 shares of the company’s stock valued at $341,000 after purchasing an additional 325 shares in the last quarter. Reilly Financial Advisors LLC raised its holdings in shares of iShares US Preferred Stock ETF by 6.5% in the 1st quarter. Reilly Financial Advisors LLC now owns 5,573 shares of the company’s stock valued at $204,000 after purchasing an additional 338 shares in the last quarter. Finally, Somerset Trust Co raised its holdings in shares of iShares US Preferred Stock ETF by 3.5% in the 1st quarter. Somerset Trust Co now owns 11,473 shares of the company’s stock valued at $419,000 after purchasing an additional 390 shares in the last quarter.

NASDAQ:PFF opened at $36.52 on Monday. iShares US Preferred Stock ETF has a one year low of $33.26 and a one year high of $38.08.

The company also recently disclosed 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. The ex-dividend date was Thursday, May 2nd. This represents a $2.06 annualized dividend and a dividend yield of 5.65%.

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About iShares US Preferred Stock ETF

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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