Northern Trust Corp Increases Position in iShares S&P US Pref Stock Idx Fnd (NASDAQ:PFF)

Northern Trust Corp grew its position in iShares S&P US Pref Stock Idx Fnd (NASDAQ:PFF) by 14.2% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,258 shares of the company’s stock after buying an additional 3,263 shares during the quarter. Northern Trust Corp’s holdings in iShares S&P US Pref Stock Idx Fnd were worth $1,029,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Wells Fargo & Company MN raised its position in shares of iShares S&P US Pref Stock Idx Fnd by 1.7% in the 2nd quarter. Wells Fargo & Company MN now owns 9,669,965 shares of the company’s stock valued at $378,773,000 after buying an additional 160,253 shares in the last quarter. Destination Wealth Management raised its position in shares of iShares S&P US Pref Stock Idx Fnd by 9.5% in the 2nd quarter. Destination Wealth Management now owns 103,721 shares of the company’s stock valued at $4,063,000 after buying an additional 9,010 shares in the last quarter. Charles Schwab Investment Advisory Inc. raised its position in shares of iShares S&P US Pref Stock Idx Fnd by 31.9% in the 2nd quarter. Charles Schwab Investment Advisory Inc. now owns 13,482 shares of the company’s stock valued at $528,000 after buying an additional 3,257 shares in the last quarter. Evergreen Capital Management LLC raised its position in shares of iShares S&P US Pref Stock Idx Fnd by 24.7% in the 2nd quarter. Evergreen Capital Management LLC now owns 96,972 shares of the company’s stock valued at $3,798,000 after buying an additional 19,202 shares in the last quarter. Finally, Coastline Trust Co raised its position in shares of iShares S&P US Pref Stock Idx Fnd by 4.9% in the 2nd quarter. Coastline Trust Co now owns 108,902 shares of the company’s stock valued at $4,266,000 after buying an additional 5,090 shares in the last quarter.

Shares of iShares S&P US Pref Stock Idx Fnd (NASDAQ:PFF) traded down $0.01 during trading on Friday, hitting $38.07. 2,637,251 shares of the company traded hands, compared to its average volume of 2,320,000. The company has a market cap of $17,780.00, a price-to-earnings ratio of 12.01 and a beta of 0.18. iShares S&P US Pref Stock Idx Fnd has a 12 month low of $37.14 and a 12 month high of $39.31.

The business also recently declared a monthly dividend, which was paid on Thursday, December 28th. Investors of record on Friday, December 22nd were issued a dividend of $0.099 per share. This represents a $1.19 annualized dividend and a dividend yield of 3.12%. The ex-dividend date of this dividend was Thursday, December 21st. iShares S&P US Pref Stock Idx Fnd’s dividend payout ratio (DPR) is presently 67.19%.

COPYRIGHT VIOLATION WARNING: This article was first published by Week Herald and is the sole property of of Week Herald. If you are reading this article on another site, it was stolen and reposted in violation of U.S. and international trademark and copyright legislation. The legal version of this article can be viewed at https://weekherald.com/2017/12/30/ishares-sp-us-pref-stock-idx-fnd-pff-holdings-raised-by-northern-trust-corp.html.

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.

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

Receive News & 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 companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply