iShares US Preferred Stock ETF (PFF) Position Reduced by Rathbone Brothers plc

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Rathbone Brothers plc decreased its position in iShares US Preferred Stock ETF (NASDAQ:PFF) by 21.0% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 16,975 shares of the company’s stock after selling 4,500 shares during the period. Rathbone Brothers plc’s holdings in iShares US Preferred Stock ETF were worth $620,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the stock. MCF Advisors LLC boosted its stake in shares of iShares US Preferred Stock ETF by 159.5% during the 4th quarter. MCF Advisors LLC now owns 776 shares of the company’s stock valued at $27,000 after buying an additional 477 shares during the period. TD Capital Management LLC boosted its stake in shares of iShares US Preferred Stock ETF by 336.7% during the 4th quarter. TD Capital Management LLC now owns 856 shares of the company’s stock valued at $29,000 after buying an additional 660 shares during the period. Doyle Wealth Management acquired a new stake in shares of iShares US Preferred Stock ETF during the 4th quarter valued at $29,000. Stone House Investment Management LLC acquired a new stake in shares of iShares US Preferred Stock ETF during the 1st quarter valued at $29,000. Finally, Cullen Frost Bankers Inc. acquired a new stake in shares of iShares US Preferred Stock ETF during the 1st quarter valued at $30,000.

iShares US Preferred Stock ETF stock opened at $36.52 on Friday. 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. Stockholders of record on Friday, May 3rd were issued a dividend of $0.172 per share. The ex-dividend date was Thursday, May 2nd. This represents a $2.06 dividend on an annualized basis 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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