iShares S&P US Pref Stock Idx Fnd (PFF) Position Cut by Geneva Partners LLC

Geneva Partners LLC cut its stake in shares of iShares S&P US Pref Stock Idx Fnd (NASDAQ:PFF) by 6.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 56,712 shares of the company’s stock after selling 3,651 shares during the period. iShares S&P US Pref Stock Idx Fnd accounts for 1.6% of Geneva Partners LLC’s holdings, making the stock its 23rd largest position. Geneva Partners LLC’s holdings in iShares S&P US Pref Stock Idx Fnd were worth $2,159,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently modified their holdings of the business. Alliancebernstein L.P. lifted its position in iShares S&P US Pref Stock Idx Fnd by 2.3% during the second quarter. Alliancebernstein L.P. now owns 24,453 shares of the company’s stock worth $958,000 after acquiring an additional 554 shares during the last quarter. Ameritas Investment Partners Inc. lifted its position in iShares S&P US Pref Stock Idx Fnd by 13.6% during 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 during the last quarter. Sage Capital Advisors llc lifted its position in iShares S&P US Pref Stock Idx Fnd by 8.9% during the third quarter. Sage Capital Advisors llc now owns 16,756 shares of the company’s stock worth $650,000 after acquiring an additional 1,368 shares during the last quarter. Pinnacle Financial Partners Inc. lifted its position in iShares S&P US Pref Stock Idx Fnd by 22.0% during the fourth quarter. Pinnacle Financial Partners Inc. now owns 7,803 shares of the company’s stock worth $297,000 after acquiring an additional 1,407 shares during the last quarter. Finally, Evergreen Capital Management LLC lifted its position in iShares S&P US Pref Stock Idx Fnd by 1.5% during the third quarter. Evergreen Capital Management LLC now owns 98,418 shares of the company’s stock worth $3,820,000 after acquiring an additional 1,446 shares during the last quarter.

Shares of iShares S&P US Pref Stock Idx Fnd (NASDAQ PFF) opened at $36.86 on Thursday. The stock has a market cap of $16,560.00, a P/E ratio of 11.63 and a beta of 0.15. 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 business also recently disclosed a monthly dividend, which was paid on Wednesday, February 7th. Shareholders of record on Friday, February 2nd were given a dividend of $0.189 per share. The ex-dividend date was Thursday, February 1st. This is an increase 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%. 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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