iShares US Preferred Stock ETF (PFF) Stake Boosted by Cypress Wealth Services LLC

Cypress Wealth Services LLC grew its position in iShares US Preferred Stock ETF (NASDAQ:PFF) by 3.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 130,181 shares of the company’s stock after purchasing an additional 4,543 shares during the quarter. iShares US Preferred Stock ETF makes up approximately 1.7% of Cypress Wealth Services LLC’s portfolio, making the stock its 14th largest holding. Cypress Wealth Services LLC’s holdings in iShares US Preferred Stock ETF were worth $4,834,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in PFF. Morgan Stanley increased its position in iShares US Preferred Stock ETF by 4.1% during the second quarter. Morgan Stanley now owns 5,942,773 shares of the company’s stock worth $224,102,000 after acquiring an additional 233,968 shares during the period. MD Financial Management Inc. increased its position in iShares US Preferred Stock ETF by 9.1% during the second quarter. MD Financial Management Inc. now owns 3,408,170 shares of the company’s stock worth $128,522,000 after acquiring an additional 285,541 shares during the period. LFA Lugano Financial Advisors SA bought a new position in iShares US Preferred Stock ETF during the second quarter worth $3,244,000. US Bancorp DE increased its position in iShares US Preferred Stock ETF by 3.6% during the second quarter. US Bancorp DE now owns 2,806,953 shares of the company’s stock worth $105,850,000 after acquiring an additional 98,669 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its position in iShares US Preferred Stock ETF by 0.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,006,847 shares of the company’s stock worth $75,678,000 after acquiring an additional 14,018 shares during the period.

PFF stock traded up $0.13 on Friday, reaching $36.21. 3,160,850 shares of the company were exchanged, compared to its average volume of 2,818,842. iShares US Preferred Stock ETF has a 12 month low of $35.81 and a 12 month high of $38.72.

The business also recently announced a monthly dividend, which was paid on Friday, October 5th. Investors of record on Tuesday, October 2nd were given a dividend of $0.1592 per share. This represents a $1.91 dividend on an annualized basis and a yield of 5.27%. The ex-dividend date was Monday, October 1st.

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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