iShares US Preferred Stock ETF (PFF) Shares Sold by Starfire Investment Advisers Inc.

Starfire Investment Advisers Inc. lowered its holdings in iShares US Preferred Stock ETF (NASDAQ:PFF) by 28.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 22,734 shares of the company’s stock after selling 8,886 shares during the period. Starfire Investment Advisers Inc.’s holdings in iShares US Preferred Stock ETF were worth $844,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Guggenheim Capital LLC bought a new stake in shares of iShares US Preferred Stock ETF in the 1st quarter valued at about $1,369,000. Allianz Asset Management GmbH increased its stake in shares of iShares US Preferred Stock ETF by 34.1% in the 1st quarter. Allianz Asset Management GmbH now owns 13,825 shares of the company’s stock valued at $519,000 after acquiring an additional 3,513 shares during the last quarter. First Citizens Bank & Trust Co. bought a new stake in shares of iShares US Preferred Stock ETF in the 2nd quarter valued at about $215,000. Guidant Wealth Advisors grew its position in shares of iShares US Preferred Stock ETF by 1.4% in the 2nd quarter. Guidant Wealth Advisors now owns 131,751 shares of the company’s stock valued at $7,631,000 after purchasing an additional 1,837 shares during the period. Finally, CX Institutional acquired a new position in shares of iShares US Preferred Stock ETF in the 2nd quarter valued at approximately $169,000.

Shares of PFF opened at $36.06 on Friday. iShares US Preferred Stock ETF has a 52-week low of $35.81 and a 52-week high of $38.72.

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, November 7th. Investors of record on Friday, November 2nd were given a $0.1565 dividend. The ex-dividend date of this dividend was Thursday, November 1st. This represents a $1.88 annualized dividend and a dividend yield of 5.21%.

WARNING: “iShares US Preferred Stock ETF (PFF) Shares Sold by Starfire Investment Advisers Inc.” was first reported by WKRB News and is owned by of WKRB News. If you are accessing this article on another website, it was copied illegally and reposted in violation of United States and international copyright and trademark law. The original version of this article can be viewed at https://www.wkrb13.com/2018/11/09/ishares-us-preferred-stock-etf-pff-shares-sold-by-starfire-investment-advisers-inc.html.

iShares US Preferred Stock ETF 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.

Further Reading: How does inflation affect different investments?

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

Receive News & Ratings for iShares US Preferred Stock ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares US Preferred Stock ETF and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply