ProVise Management Group LLC Has $635,000 Stock Holdings in iShares US Preferred Stock ETF (NASDAQ:PFF)

ProVise Management Group LLC trimmed its stake in shares of iShares US Preferred Stock ETF (NASDAQ:PFF) by 2.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 17,380 shares of the company’s stock after selling 500 shares during the quarter. ProVise Management Group LLC’s holdings in iShares US Preferred Stock ETF were worth $635,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in PFF. BerganKDV Wealth Management LLC grew its holdings in shares of iShares US Preferred Stock ETF by 7.2% in the 1st quarter. BerganKDV Wealth Management LLC now owns 4,469 shares of the company’s stock valued at $163,000 after buying an additional 300 shares during the period. Laurel Wealth Advisors LLC raised its position in shares of iShares US Preferred Stock ETF by 75.0% during the 1st quarter. Laurel Wealth Advisors LLC now owns 700 shares of the company’s stock worth $26,000 after acquiring an additional 300 shares in the last quarter. Enterprise Financial Services Corp raised its position in shares of iShares US Preferred Stock ETF by 47.7% during the 1st quarter. Enterprise Financial Services Corp now owns 1,000 shares of the company’s stock worth $37,000 after acquiring an additional 323 shares in the last quarter. E&G Advisors LP raised its position in shares of iShares US Preferred Stock ETF by 3.6% during the 1st quarter. E&G Advisors LP now owns 9,325 shares of the company’s stock worth $341,000 after acquiring an additional 325 shares in the last quarter. Finally, Reilly Financial Advisors LLC raised its position in shares of iShares US Preferred Stock ETF by 6.5% during the 1st quarter. Reilly Financial Advisors LLC now owns 5,573 shares of the company’s stock worth $204,000 after acquiring an additional 338 shares in the last quarter.

Shares of NASDAQ PFF traded up $0.03 during midday trading on Friday, hitting $36.86. 3,275,632 shares of the company’s stock were exchanged, compared to its average volume of 3,378,386. iShares US Preferred Stock ETF has a twelve month low of $33.26 and a twelve month high of $38.08. The firm has a fifty day simple moving average of $36.67.

The company also recently declared a monthly dividend, which was paid on Friday, June 7th. Shareholders of record on Tuesday, June 4th were given a dividend of $0.1667 per share. This represents a $2.00 annualized dividend and a yield of 5.43%. The ex-dividend date was Monday, June 3rd.

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.

See Also: Overbought

Institutional Ownership by Quarter for iShares US Preferred Stock ETF (NASDAQ:PFF)

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