Mechanics Bank Trust Department Has $421,000 Stake in iShares US Preferred Stock ETF (NASDAQ:PFF)

Mechanics Bank Trust Department trimmed its stake in shares of iShares US Preferred Stock ETF (NASDAQ:PFF) by 93.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,210 shares of the company’s stock after selling 148,198 shares during the period. Mechanics Bank Trust Department’s holdings in iShares US Preferred Stock ETF were worth $421,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Garrett Wealth Advisory Group LLC acquired a new stake in shares of iShares US Preferred Stock ETF during the third quarter worth $99,000. Alpha Cubed Investments LLC acquired a new stake in shares of iShares US Preferred Stock ETF during the third quarter worth $299,000. Julex Capital Management LLC acquired a new stake in shares of iShares US Preferred Stock ETF during the third quarter worth $186,000. Coastal Investment Advisors Inc. raised its holdings in shares of iShares US Preferred Stock ETF by 2.8% during the third quarter. Coastal Investment Advisors Inc. now owns 75,482 shares of the company’s stock worth $2,837,000 after acquiring an additional 2,074 shares during the period. Finally, Vanguard Capital Wealth Advisors raised its holdings in shares of iShares US Preferred Stock ETF by 55.9% during the third quarter. Vanguard Capital Wealth Advisors now owns 15,483 shares of the company’s stock worth $581,000 after acquiring an additional 5,549 shares during the period.

Shares of NASDAQ:PFF opened at $37.55 on Monday. iShares US Preferred Stock ETF has a 12 month low of $33.26 and a 12 month high of $37.60. The company’s fifty day simple moving average is $37.33 and its 200 day simple moving average is $36.96.

About iShares US Preferred Stock ETF

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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