Keybank National Association OH trimmed its holdings in shares of iShares S&P US Pref Stock Idx Fnd (NASDAQ:PFF) by 11.4% in the fourth quarter, HoldingsChannel reports. The firm owned 2,586,640 shares of the company’s stock after selling 333,412 shares during the period. Keybank National Association OH’s holdings in iShares S&P US Pref Stock Idx Fnd were worth $98,474,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Front Row Advisors LLC purchased a new position in shares of iShares S&P US Pref Stock Idx Fnd during the 4th quarter worth approximately $100,000. LS Investment Advisors LLC purchased a new position in shares of iShares S&P US Pref Stock Idx Fnd during the 3rd quarter worth approximately $101,000. AllSquare Wealth Management LLC purchased a new position in shares of iShares S&P US Pref Stock Idx Fnd during the 3rd quarter worth approximately $101,000. Gradient Investments LLC purchased a new position in shares of iShares S&P US Pref Stock Idx Fnd during the 4th quarter worth approximately $103,000. Finally, Legacy Advisors LLC purchased a new position in shares of iShares S&P US Pref Stock Idx Fnd during the 4th quarter worth approximately $116,000.

Shares of iShares S&P US Pref Stock Idx Fnd (NASDAQ PFF) opened at $36.93 on Wednesday. iShares S&P US Pref Stock Idx Fnd has a 1 year low of $36.52 and a 1 year high of $39.31. The stock has a market cap of $16,590.00, a P/E ratio of 11.65 and a beta of 0.15.

The company also recently announced a monthly dividend, which was paid on Wednesday, February 7th. Investors of record on Friday, February 2nd were given a dividend of $0.189 per share. The ex-dividend date of this dividend was Thursday, February 1st. This represents a $2.27 dividend on an annualized basis and a yield of 6.14%. This is a positive change from iShares S&P US Pref Stock Idx Fnd’s previous monthly dividend of $0.10. iShares S&P US Pref Stock Idx Fnd’s dividend payout ratio (DPR) 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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