Rosenberg Matthew Hamilton Boosts Stake in iShares Preferred and Income Securities ETF (NASDAQ:PFF)

Rosenberg Matthew Hamilton increased its holdings in shares of iShares Preferred and Income Securities ETF (NASDAQ:PFFGet Rating) by 22.0% during the second quarter, Holdings Channel.com reports. The firm owned 21,018 shares of the company’s stock after buying an additional 3,795 shares during the period. Rosenberg Matthew Hamilton’s holdings in iShares Preferred and Income Securities ETF were worth $694,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. BNP Paribas Arbitrage SA raised its holdings in shares of iShares Preferred and Income Securities ETF by 608.2% during the fourth quarter. BNP Paribas Arbitrage SA now owns 4,823 shares of the company’s stock worth $190,000 after purchasing an additional 4,142 shares during the last quarter. Legacy Capital Wealth Partners LLC grew its position in shares of iShares Preferred and Income Securities ETF by 8.1% in the fourth quarter. Legacy Capital Wealth Partners LLC now owns 63,896 shares of the company’s stock valued at $2,407,000 after purchasing an additional 4,804 shares during the period. Leelyn Smith LLC acquired a new position in iShares Preferred and Income Securities ETF during the fourth quarter worth about $35,000. Certified Advisory Corp acquired a new position in iShares Preferred and Income Securities ETF during the fourth quarter worth about $224,000. Finally, Cary Street Partners Investment Advisory LLC boosted its position in iShares Preferred and Income Securities ETF by 5.0% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 22,100 shares of the company’s stock worth $871,000 after acquiring an additional 1,062 shares during the last quarter.

iShares Preferred and Income Securities ETF Stock Performance

PFF opened at $31.84 on Friday. The firm’s 50-day moving average price is $33.82 and its 200 day moving average price is $34.04. iShares Preferred and Income Securities ETF has a twelve month low of $31.92 and a twelve month high of $39.48.

iShares Preferred and Income Securities ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, September 8th. Shareholders of record on Friday, September 2nd were issued a $0.151 dividend. The ex-dividend date was Thursday, September 1st. This represents a $1.81 annualized dividend and a yield of 5.69%.

About iShares Preferred and Income Securities ETF

(Get Rating)

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

Institutional Ownership by Quarter for iShares Preferred and Income Securities ETF (NASDAQ:PFF)

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