Ausdal Financial Partners Inc. increased its stake in iShares S&P US Pref Stock Idx Fnd (NASDAQ:PFF) by 8.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 64,154 shares of the company’s stock after purchasing an additional 4,993 shares during the period. iShares S&P US Pref Stock Idx Fnd accounts for 0.9% of Ausdal Financial Partners Inc.’s portfolio, making the stock its 16th largest position. Ausdal Financial Partners Inc.’s holdings in iShares S&P US Pref Stock Idx Fnd were worth $2,442,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in PFF. Alliancebernstein L.P. increased its position in iShares S&P US Pref Stock Idx Fnd by 2.3% in the 2nd quarter. Alliancebernstein L.P. now owns 24,453 shares of the company’s stock valued at $958,000 after acquiring an additional 554 shares during the period. Ameritas Investment Partners Inc. increased its position in iShares S&P US Pref Stock Idx Fnd by 13.6% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 8,774 shares of the company’s stock valued at $343,000 after acquiring an additional 1,052 shares during the period. Sage Capital Advisors llc increased its position in iShares S&P US Pref Stock Idx Fnd by 8.9% in the 3rd quarter. Sage Capital Advisors llc now owns 16,756 shares of the company’s stock valued at $650,000 after acquiring an additional 1,368 shares during the period. Pinnacle Financial Partners Inc. increased its position in iShares S&P US Pref Stock Idx Fnd by 22.0% in the 4th quarter. Pinnacle Financial Partners Inc. now owns 7,803 shares of the company’s stock valued at $297,000 after acquiring an additional 1,407 shares during the period. Finally, Evergreen Capital Management LLC increased its position in iShares S&P US Pref Stock Idx Fnd by 1.5% in the 3rd quarter. Evergreen Capital Management LLC now owns 98,418 shares of the company’s stock valued at $3,820,000 after acquiring an additional 1,446 shares during the period.

Shares of iShares S&P US Pref Stock Idx Fnd (NASDAQ:PFF) opened at $36.86 on Thursday. 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 company has a market capitalization of $16,560.00, a P/E ratio of 11.63 and a beta of 0.15.

The firm also recently announced a monthly dividend, which was paid on Wednesday, February 7th. Investors of record on Friday, February 2nd were given a $0.189 dividend. This is a boost from iShares S&P US Pref Stock Idx Fnd’s previous monthly dividend of $0.10. This represents a $2.27 annualized dividend and a yield of 6.15%. The ex-dividend date was Thursday, February 1st. iShares S&P US Pref Stock Idx Fnd’s dividend payout ratio (DPR) is currently 67.19%.

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About iShares S&P US Pref Stock Idx Fnd

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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