WP Advisors LLC boosted its stake in iShares S&P US Pref Stock Idx Fnd (NYSE:PFF) by 2.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 294,961 shares of the company’s stock after buying an additional 7,124 shares during the period. iShares S&P US Pref Stock Idx Fnd accounts for 8.4% of WP Advisors LLC’s portfolio, making the stock its 2nd largest position. WP Advisors LLC owned about 0.06% of iShares S&P US Pref Stock Idx Fnd worth $11,554,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in PFF. Harbour Capital Advisors LLC raised its stake in 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 in the last quarter. Comprehensive Portfolio Management LLC bought a new stake in iShares S&P US Pref Stock Idx Fnd during the second quarter valued at about $11,899,000. BB&T Securities LLC raised its stake in iShares S&P US Pref Stock Idx Fnd by 62.9% in the second quarter. BB&T Securities LLC now owns 609,953 shares of the company’s stock valued at $23,891,000 after buying an additional 235,483 shares in the last quarter. Cantor Fitzgerald Investment Adviser L.P. bought a new stake in iShares S&P US Pref Stock Idx Fnd during the second quarter valued at about $4,894,000. Finally, Intersect Capital LLC raised its stake in iShares S&P US Pref Stock Idx Fnd by 32.7% in the second quarter. Intersect Capital LLC now owns 411,393 shares of the company’s stock valued at $16,114,000 after buying an additional 101,354 shares in the last quarter.

Shares of iShares S&P US Pref Stock Idx Fnd (NYSE:PFF) opened at 38.845 on Friday. 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 firm 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. Investors of record on Thursday, August 3rd were paid a $0.1768 dividend. This represents a $2.12 dividend on an annualized basis and a yield of 5.46%. The ex-dividend date was Tuesday, August 1st.

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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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Institutional Ownership by Quarter for iShares S&P US Pref Stock Idx Fnd (NYSE:PFF)

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