Signet Financial Management LLC lessened its holdings in iShares S&P US Pref Stock Idx Fnd (NYSE:PFF) by 5.6% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 43,464 shares of the company’s stock after selling 2,585 shares during the period. Signet Financial Management LLC’s holdings in iShares S&P US Pref Stock Idx Fnd were worth $1,702,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of PFF. Mosaic Family Wealth LLC lifted its stake in shares of iShares S&P US Pref Stock Idx Fnd by 8.4% in the 2nd quarter. Mosaic Family Wealth LLC now owns 2,661 shares of the company’s stock worth $104,000 after purchasing an additional 206 shares during the period. Ballentine Partners LLC bought a new position in shares of iShares S&P US Pref Stock Idx Fnd in the 2nd quarter worth approximately $105,000. BDO Wealth Advisors LLC bought a new position in shares of iShares S&P US Pref Stock Idx Fnd in the 2nd quarter worth approximately $129,000. Highstreet Asset Management Inc. bought a new position in shares of iShares S&P US Pref Stock Idx Fnd in the 2nd quarter worth approximately $196,000. Finally, Baker Ellis Asset Management LLC lifted its stake in shares of iShares S&P US Pref Stock Idx Fnd by 94.1% in the 2nd quarter. Baker Ellis Asset Management LLC now owns 5,166 shares of the company’s stock worth $202,000 after purchasing an additional 2,504 shares during the period.

WARNING: “Signet Financial Management LLC Sells 2,585 Shares of iShares S&P US Pref Stock Idx Fnd (PFF)” was first posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this news story on another site, it was stolen and republished in violation of United States and international copyright and trademark legislation. The legal version of this news story can be read at https://www.thecerbatgem.com/2017/10/05/signet-financial-management-llc-sells-2585-shares-of-ishares-sp-us-pref-stock-idx-fnd-pff.html.

Shares of iShares S&P US Pref Stock Idx Fnd (NYSE:PFF) traded up 0.13% during trading on Thursday, hitting $38.56. 472,553 shares of the stock traded hands. The stock has a 50 day moving average of $38.82 and a 200 day moving average of $38.90. iShares S&P US Pref Stock Idx Fnd has a 52-week low of $36.70 and a 52-week high of $39.46.

The company also recently announced a monthly dividend, which will be paid on Friday, October 6th. Investors of record on Tuesday, October 3rd will be issued a dividend of $0.1751 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 5.46%. The ex-dividend date is Monday, October 2nd.

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.

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 (NYSE:PFF).

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

Receive News & Stock Ratings for iShares S&P US Pref Stock Idx Fnd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares S&P US Pref Stock Idx Fnd and related stocks with our FREE daily email newsletter.