A. D. Beadell Investment Counsel Inc. Sells 1,500 Shares of iShares US Preferred Stock ETF (PFF)

A. D. Beadell Investment Counsel Inc. lowered its holdings in iShares US Preferred Stock ETF (NASDAQ:PFF) by 9.0% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,225 shares of the company’s stock after selling 1,500 shares during the period. A. D. Beadell Investment Counsel Inc.’s holdings in iShares US Preferred Stock ETF were worth $565,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of PFF. Bridgeworth LLC bought a new position in iShares US Preferred Stock ETF in the second quarter worth about $108,000. Canton Hathaway LLC bought a new stake in shares of iShares US Preferred Stock ETF during the third quarter valued at approximately $111,000. Poehling Capital Management LLC raised its holdings in shares of iShares US Preferred Stock ETF by 203.7% during the second quarter. Poehling Capital Management LLC now owns 4,100 shares of the company’s stock valued at $155,000 after buying an additional 2,750 shares during the last quarter. CX Institutional bought a new stake in shares of iShares US Preferred Stock ETF during the second quarter valued at approximately $169,000. Finally, Flagship Harbor Advisors LLC bought a new stake in shares of iShares US Preferred Stock ETF during the second quarter valued at approximately $185,000.

Shares of PFF traded down $0.12 during mid-day trading on Tuesday, reaching $36.13. 3,072,833 shares of the company’s stock traded hands, compared to its average volume of 2,819,775. iShares US Preferred Stock ETF has a 12 month low of $35.81 and a 12 month high of $38.72.

The firm also recently declared a monthly dividend, which was paid on Friday, October 5th. Stockholders of record on Tuesday, October 2nd were issued a dividend of $0.1592 per share. The ex-dividend date of this dividend was Monday, October 1st. This represents a $1.91 dividend on an annualized basis and a dividend yield of 5.29%.

iShares US Preferred Stock ETF 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.

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Institutional Ownership by Quarter for iShares US Preferred Stock ETF (NASDAQ:PFF)

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