iShares Preferred and Income Securities ETF (NASDAQ:PFF) Shares Sold by Burns J W & Co. Inc. NY

Burns J W & Co. Inc. NY lowered its stake in iShares Preferred and Income Securities ETF (NASDAQ:PFF) by 31.6% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 10,915 shares of the company’s stock after selling 5,052 shares during the quarter. Burns J W & Co. Inc. NY’s holdings in iShares Preferred and Income Securities ETF were worth $363,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of PFF. Cohen & Steers Inc. boosted its stake in iShares Preferred and Income Securities ETF by 8,108.7% during the 4th quarter. Cohen & Steers Inc. now owns 5,541,190 shares of the company’s stock valued at $172,830,000 after purchasing an additional 5,473,686 shares in the last quarter. Greenleaf Trust boosted its stake in iShares Preferred and Income Securities ETF by 32.2% during the first quarter. Greenleaf Trust now owns 958,520 shares of the company’s stock valued at $30,893,000 after buying an additional 233,319 shares in the last quarter. Sanibel Captiva Trust Company Inc. acquired a new position in iShares Preferred and Income Securities ETF during the fourth quarter worth about $15,445,000. Parkside Investments LLC grew its holdings in iShares Preferred and Income Securities ETF by 12.5% during the second quarter. Parkside Investments LLC now owns 346,428 shares of the company’s stock worth $10,930,000 after acquiring an additional 38,461 shares during the period. Finally, Capital Square LLC raised its position in iShares Preferred and Income Securities ETF by 12.5% in the second quarter. Capital Square LLC now owns 315,807 shares of the company’s stock worth $10,081,000 after acquiring an additional 35,074 shares in the last quarter. Institutional investors own 4.70% of the company’s stock.

iShares Preferred and Income Securities ETF Price Performance

PFF stock opened at $33.17 on Friday. The firm has a market cap of $15.39 billion, a PE ratio of 3.91 and a beta of 0.51. iShares Preferred and Income Securities ETF has a 12 month low of $28.15 and a 12 month high of $33.59. The firm has a 50 day simple moving average of $32.44 and a 200 day simple moving average of $31.90.

iShares Preferred and Income Securities ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were paid a $0.1632 dividend. The ex-dividend date was Tuesday, September 3rd.

About iShares Preferred and Income Securities 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.