Camarda Financial Advisors LLC decreased its position in iShares S&P US Pref Stock Idx Fnd (NASDAQ:PFF) by 41.8% during the fourth quarter, HoldingsChannel.com reports. The firm owned 6,617 shares of the company’s stock after selling 4,754 shares during the quarter. Camarda Financial Advisors LLC’s holdings in iShares S&P US Pref Stock Idx Fnd were worth $252,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in PFF. Alliancebernstein L.P. raised its position in iShares S&P US Pref Stock Idx Fnd by 2.3% in the second quarter. Alliancebernstein L.P. now owns 24,453 shares of the company’s stock valued at $958,000 after purchasing an additional 554 shares during the period. Northern Trust Corp raised its position in iShares S&P US Pref Stock Idx Fnd by 14.2% in the second quarter. Northern Trust Corp now owns 26,258 shares of the company’s stock valued at $1,029,000 after purchasing an additional 3,263 shares during the period. Janus Henderson Group PLC purchased a new stake in iShares S&P US Pref Stock Idx Fnd in the second quarter valued at approximately $23,438,000. The Manufacturers Life Insurance Company raised its position in iShares S&P US Pref Stock Idx Fnd by 33.4% in the second quarter. The Manufacturers Life Insurance Company now owns 52,186 shares of the company’s stock valued at $2,044,000 after purchasing an additional 13,079 shares during the period. Finally, Ameritas Investment Partners Inc. grew its stake in shares of iShares S&P US Pref Stock Idx Fnd by 13.6% in the second quarter. Ameritas Investment Partners Inc. now owns 8,774 shares of the company’s stock worth $343,000 after acquiring an additional 1,052 shares in the last quarter.

iShares S&P US Pref Stock Idx Fnd (NASDAQ PFF) opened at $36.84 on Monday. The company has a market cap of $16,590.00, a price-to-earnings ratio of 11.62 and a beta of 0.15. iShares S&P US Pref Stock Idx Fnd has a 12 month low of $36.52 and a 12 month high of $39.31.

The firm also recently declared a monthly dividend, which was paid on Wednesday, February 7th. Shareholders of record on Friday, February 2nd were paid a $0.189 dividend. This is an increase from iShares S&P US Pref Stock Idx Fnd’s previous monthly dividend of $0.10. The ex-dividend date was Thursday, February 1st. This represents a $2.27 annualized dividend and a dividend yield of 6.16%. iShares S&P US Pref Stock Idx Fnd’s payout ratio is 67.19%.

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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.

Want to see what other hedge funds are holding PFF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P US Pref Stock Idx Fnd (NASDAQ:PFF).

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

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