iShares S&P US Pref Stock Idx Fnd (PFF) Position Cut by Lbmc Investment Advisors LLC

Lbmc Investment Advisors LLC cut its stake in shares of iShares S&P US Pref Stock Idx Fnd (NYSE:PFF) by 1.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,353 shares of the company’s stock after selling 431 shares during the period. iShares S&P US Pref Stock Idx Fnd accounts for approximately 0.2% of Lbmc Investment Advisors LLC’s portfolio, making the stock its 27th largest position. Lbmc Investment Advisors LLC’s holdings in iShares S&P US Pref Stock Idx Fnd were worth $1,267,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Alpha Cubed Investments LLC raised its position in iShares S&P US Pref Stock Idx Fnd by 10.5% in the second quarter. Alpha Cubed Investments LLC now owns 363,031 shares of the company’s stock valued at $14,220,000 after buying an additional 34,406 shares in the last quarter. Janney Montgomery Scott LLC raised its stake in shares of iShares S&P US Pref Stock Idx Fnd by 14.9% in the second quarter. Janney Montgomery Scott LLC now owns 401,812 shares of the company’s stock valued at $15,739,000 after buying an additional 52,054 shares during the period. DT Investment Partners LLC raised its stake in shares of iShares S&P US Pref Stock Idx Fnd by 6.3% in the second quarter. DT Investment Partners LLC now owns 340,348 shares of the company’s stock valued at $13,331,000 after buying an additional 20,297 shares during the period. Harbour Capital Advisors LLC raised its stake in shares of iShares S&P US Pref Stock Idx Fnd by 3,734.2% in the second quarter. Harbour Capital Advisors LLC now owns 589,509 shares of the company’s stock valued at $15,050,000 after buying an additional 574,134 shares during the period. Finally, 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 valued at $485,000 after buying an additional 483 shares during the period.

Shares of iShares S&P US Pref Stock Idx Fnd (NYSE:PFF) traded up 0.245% during midday trading on Friday, hitting $38.845. 1,522,458 shares of the company traded hands. iShares S&P US Pref Stock Idx Fnd has a 52 week low of $36.70 and a 52 week high of $40.20. The stock has a 50 day moving average of $39.02 and a 200-day moving average of $38.81.

The company also recently disclosed a monthly dividend, which was paid on Monday, August 7th. Stockholders of record on Thursday, August 3rd were issued a dividend of $0.1768 per share. The ex-dividend date of this dividend was Tuesday, August 1st. This represents a $2.12 annualized dividend and a dividend yield of 5.46%.

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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.

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