Allianz Asset Management GmbH boosted its position in shares of iShares S&P US Pref Stock Idx Fnd (NASDAQ:PFF) by 559.8% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 54,034 shares of the company’s stock after acquiring an additional 45,844 shares during the period. Allianz Asset Management GmbH’s holdings in iShares S&P US Pref Stock Idx Fnd were worth $2,097,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. FMR LLC lifted its position in shares of iShares S&P US Pref Stock Idx Fnd by 4.4% during the 2nd quarter. FMR LLC now owns 11,048,938 shares of the company’s stock worth $432,787,000 after buying an additional 463,804 shares during the last quarter. Wells Fargo & Company MN raised its position in iShares S&P US Pref Stock Idx Fnd by 1.7% in the 2nd quarter. Wells Fargo & Company MN now owns 9,669,965 shares of the company’s stock valued at $378,773,000 after purchasing an additional 160,253 shares during the last quarter. Ameriprise Financial Inc. raised its position in iShares S&P US Pref Stock Idx Fnd by 4.4% in the 2nd quarter. Ameriprise Financial Inc. now owns 5,497,580 shares of the company’s stock valued at $215,283,000 after purchasing an additional 232,091 shares during the last quarter. JPMorgan Chase & Co. raised its position in iShares S&P US Pref Stock Idx Fnd by 28.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,448,347 shares of the company’s stock valued at $211,396,000 after purchasing an additional 1,201,922 shares during the last quarter. Finally, Citigroup Inc. raised its position in iShares S&P US Pref Stock Idx Fnd by 5.0% in the 2nd quarter. Citigroup Inc. now owns 5,034,623 shares of the company’s stock valued at $197,206,000 after purchasing an additional 239,291 shares during the last quarter.

Shares of iShares S&P US Pref Stock Idx Fnd (NASDAQ:PFF) opened at $38.11 on Monday. iShares S&P US Pref Stock Idx Fnd has a 12-month low of $37.08 and a 12-month high of $39.31. The company has a market cap of $17,820.00, a price-to-earnings ratio of 12.02 and a beta of 0.18.

The firm also recently declared a monthly dividend, which will be paid on Thursday, December 28th. Investors of record on Friday, December 22nd will be given a $0.099 dividend. The ex-dividend date is Thursday, December 21st. This represents a $1.19 annualized dividend and a yield of 3.12%. iShares S&P US Pref Stock Idx Fnd’s dividend payout ratio (DPR) is 70.35%.

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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.

Institutional Ownership by Quarter for iShares S&P US Pref Stock Idx Fnd (NASDAQ:PFF)

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