Northside Capital Management LLC Sells 109,288 Shares of iShares US Preferred Stock ETF (PFF)

Share on StockTwits

Northside Capital Management LLC trimmed its holdings in shares of iShares US Preferred Stock ETF (NASDAQ:PFF) by 31.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 243,195 shares of the company’s stock after selling 109,288 shares during the period. iShares US Preferred Stock ETF makes up about 3.7% of Northside Capital Management LLC’s investment portfolio, making the stock its 5th largest holding. Northside Capital Management LLC owned 0.06% of iShares US Preferred Stock ETF worth $8,325,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of PFF. Renaissance Technologies LLC boosted its stake in iShares US Preferred Stock ETF by 266.1% during the 2nd quarter. Renaissance Technologies LLC now owns 209,400 shares of the company’s stock valued at $7,896,000 after purchasing an additional 152,202 shares during the last quarter. Morgan Stanley boosted its stake in iShares US Preferred Stock ETF by 4.1% during the 2nd quarter. Morgan Stanley now owns 5,942,773 shares of the company’s stock valued at $224,102,000 after purchasing an additional 233,968 shares during the last quarter. High Falls Advisors Inc boosted its stake in iShares US Preferred Stock ETF by 4.7% during the 2nd quarter. High Falls Advisors Inc now owns 358,075 shares of the company’s stock valued at $13,503,000 after purchasing an additional 15,997 shares during the last quarter. Massmutual Trust Co. FSB ADV boosted its stake in iShares US Preferred Stock ETF by 64.7% during the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 59,622 shares of the company’s stock valued at $2,248,000 after purchasing an additional 23,432 shares during the last quarter. Finally, Mainstay Capital Management LLC ADV boosted its stake in iShares US Preferred Stock ETF by 471.4% during the 2nd quarter. Mainstay Capital Management LLC ADV now owns 18,284 shares of the company’s stock valued at $521,000 after purchasing an additional 15,084 shares during the last quarter.

Shares of NASDAQ PFF traded down $0.02 during midday trading on Monday, hitting $35.34. 74,340 shares of the stock traded hands, compared to its average volume of 5,243,954. iShares US Preferred Stock ETF has a one year low of $33.26 and a one year high of $38.22.

The company also recently declared a monthly dividend, which was paid on Monday, December 24th. Stockholders of record on Wednesday, December 19th were issued a dividend of $0.2576 per share. This represents a $3.09 annualized dividend and a dividend yield of 8.75%. This is a boost from iShares US Preferred Stock ETF’s previous monthly dividend of $0.16. The ex-dividend date of this dividend was Tuesday, December 18th.

TRADEMARK VIOLATION NOTICE: This story was originally posted by Zolmax and is the property of of Zolmax. If you are reading this story on another publication, it was copied illegally and republished in violation of U.S. and international copyright laws. The legal version of this story can be viewed at https://zolmax.com/investing/northside-capital-management-llc-sells-109288-shares-of-ishares-us-preferred-stock-etf-pff/2824345.html.

iShares US Preferred Stock ETF 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.

Featured Story: How prevalent are 12b-1 fees?

Want to see what other hedge funds are holding PFF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares US Preferred Stock ETF (NASDAQ:PFF).

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

Receive News & Ratings for iShares US Preferred Stock ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares US Preferred Stock ETF and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

HyperQuant Price Tops $0.0028
HyperQuant Price Tops $0.0028
Flushing Financial Co.  Given Average Recommendation of “Hold” by Brokerages
Flushing Financial Co. Given Average Recommendation of “Hold” by Brokerages
Moneysupermarket.Com Group PLC  Receives Consensus Recommendation of “Hold” from Analysts
Moneysupermarket.Com Group PLC Receives Consensus Recommendation of “Hold” from Analysts
MCO  Hits Market Capitalization of $69.30 Million
MCO Hits Market Capitalization of $69.30 Million
LegacyTexas Financial Group Inc  to Issue Dividend Increase – $0.25 Per Share
LegacyTexas Financial Group Inc to Issue Dividend Increase – $0.25 Per Share
Cedar Realty Trust Inc  Plans Quarterly Dividend of $0.05
Cedar Realty Trust Inc Plans Quarterly Dividend of $0.05


Leave a Reply

 
© 2006-2019 Zolmax.