iShares Preferred and Income Securities ETF (NASDAQ:PFF) Shares Purchased by Private Trust Co. NA

Private Trust Co. NA boosted its stake in iShares Preferred and Income Securities ETF (NASDAQ:PFF) by 1.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 40,312 shares of the company’s stock after acquiring an additional 478 shares during the quarter. Private Trust Co. NA’s holdings in iShares Preferred and Income Securities ETF were worth $1,267,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. First Interstate Bank grew its stake in iShares Preferred and Income Securities ETF by 0.6% in the 3rd quarter. First Interstate Bank now owns 1,651,210 shares of the company’s stock valued at $54,870,000 after acquiring an additional 10,148 shares during the period. Janney Montgomery Scott LLC grew its stake in iShares Preferred and Income Securities ETF by 6.2% in the 4th quarter. Janney Montgomery Scott LLC now owns 1,555,758 shares of the company’s stock valued at $48,913,000 after acquiring an additional 90,356 shares during the period. JPMorgan Chase & Co. lifted its holdings in iShares Preferred and Income Securities ETF by 51.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,453,930 shares of the company’s stock valued at $48,314,000 after purchasing an additional 491,005 shares in the last quarter. Hilton Capital Management LLC lifted its holdings in iShares Preferred and Income Securities ETF by 19.9% in the 3rd quarter. Hilton Capital Management LLC now owns 1,444,743 shares of the company’s stock valued at $48,009,000 after purchasing an additional 239,661 shares in the last quarter. Finally, Greenleaf Trust lifted its holdings in iShares Preferred and Income Securities ETF by 4.9% in the 4th quarter. Greenleaf Trust now owns 1,085,296 shares of the company’s stock valued at $34,122,000 after purchasing an additional 50,885 shares in the last quarter. Institutional investors and hedge funds own 4.70% of the company’s stock.

iShares Preferred and Income Securities ETF Stock Performance

Shares of PFF stock opened at $31.85 on Friday. The stock’s fifty day moving average is $31.68 and its two-hundred day moving average is $32.36. The firm has a market capitalization of $14.78 billion, a P/E ratio of 3.91 and a beta of 0.51. iShares Preferred and Income Securities ETF has a fifty-two week low of $30.56 and a fifty-two week high of $33.59.

iShares Preferred and Income Securities ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a $0.1755 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is a positive change from iShares Preferred and Income Securities ETF’s previous dividend of $0.16.

iShares Preferred and Income Securities 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.