LifePlan Financial Group Inc boosted its position in iShares S&P US Pref Stock Idx Fnd (NYSE:PFF) by 2.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,936 shares of the company’s stock after buying an additional 254 shares during the period. LifePlan Financial Group Inc’s holdings in iShares S&P US Pref Stock Idx Fnd were worth $389,000 at the end of the most recent quarter.
A number of other large investors have also recently modified their holdings of PFF. Benjamin F. Edwards & Company Inc. raised its stake in shares of iShares S&P US Pref Stock Idx Fnd by 104.3% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 5,333 shares of the company’s stock worth $209,000 after buying an additional 2,722 shares in the last quarter. Grove Bank & Trust raised its stake in shares of iShares S&P US Pref Stock Idx Fnd by 6.0% in the second quarter. Grove Bank & Trust now owns 7,050 shares of the company’s stock worth $276,000 after buying an additional 400 shares in the last quarter. SPC Financial Inc. raised its stake in shares of iShares S&P US Pref Stock Idx Fnd by 12.6% in the second quarter. SPC Financial Inc. now owns 7,160 shares of the company’s stock worth $280,000 after buying an additional 800 shares in the last quarter. Capital City Trust Co. FL raised its stake in shares of iShares S&P US Pref Stock Idx Fnd by 4.1% in the second quarter. Capital City Trust Co. FL now owns 12,381 shares of the company’s stock worth $485,000 after buying an additional 483 shares in the last quarter. Finally, Meridian Wealth Management LLC raised its stake in shares of iShares S&P US Pref Stock Idx Fnd by 1.8% in the second quarter. Meridian Wealth Management LLC now owns 13,868 shares of the company’s stock worth $543,000 after buying an additional 239 shares in the last quarter.
Shares of iShares S&P US Pref Stock Idx Fnd (NYSE:PFF) traded up 0.03% during midday trading on Monday, reaching $39.12. The company had a trading volume of 1,698,114 shares. iShares S&P US Pref Stock Idx Fnd has a one year low of $36.69 and a one year high of $40.34. The company has a 50 day moving average of $39.11 and a 200 day moving average of $38.71.
The company also recently declared a monthly dividend, which will be paid on Monday, August 7th. Shareholders of record on Thursday, August 3rd will be given a dividend of $0.1768 per share. The ex-dividend date is Tuesday, August 1st. This represents a $2.12 dividend on an annualized basis and a yield of 5.42%.
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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.
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