Janney Montgomery Scott LLC Acquires 112,801 Shares of iShares S&P US Pref Stock Idx Fnd (PFF)

Janney Montgomery Scott LLC raised its holdings in shares of iShares S&P US Pref Stock Idx Fnd (NASDAQ:PFF) by 28.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 514,613 shares of the company’s stock after purchasing an additional 112,801 shares during the quarter. Janney Montgomery Scott LLC owned approximately 0.11% of iShares S&P US Pref Stock Idx Fnd worth $19,972,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. LS Investment Advisors LLC bought a new stake in shares of iShares S&P US Pref Stock Idx Fnd during the third quarter valued at about $101,000. AllSquare Wealth Management LLC bought a new stake in shares of iShares S&P US Pref Stock Idx Fnd during the third quarter valued at about $101,000. Mosaic Family Wealth LLC increased its position in shares of iShares S&P US Pref Stock Idx Fnd by 8.4% during the second quarter. Mosaic Family Wealth LLC now owns 2,661 shares of the company’s stock valued at $104,000 after buying an additional 206 shares during the period. Ballentine Partners LLC bought a new stake in shares of iShares S&P US Pref Stock Idx Fnd during the second quarter valued at about $105,000. Finally, BDO Wealth Advisors LLC bought a new stake in shares of iShares S&P US Pref Stock Idx Fnd during the second quarter valued at about $129,000.

iShares S&P US Pref Stock Idx Fnd (NASDAQ:PFF) opened at $38.54 on Monday. iShares S&P US Pref Stock Idx Fnd has a 52-week low of $36.77 and a 52-week high of $39.31.

The business also recently disclosed a monthly dividend, which was paid on Thursday, December 7th. Investors of record on Monday, December 4th were given a $0.1925 dividend. This represents a $2.31 annualized dividend and a dividend yield of 5.99%. This is a boost from iShares S&P US Pref Stock Idx Fnd’s previous monthly dividend of $0.18. The ex-dividend date was Friday, December 1st. iShares S&P US Pref Stock Idx Fnd’s dividend payout ratio is 70.35%.

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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.

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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