Nations Financial Group Inc. IA ADV Has $442,000 Holdings in iShares Preferred and Income Securities ETF (NASDAQ:PFF)

Nations Financial Group Inc. IA ADV raised its stake in iShares Preferred and Income Securities ETF (NASDAQ:PFF) by 4.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 14,017 shares of the company’s stock after buying an additional 578 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in iShares Preferred and Income Securities ETF were worth $442,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PFF. Kickstand Ventures LLC. bought a new position in iShares Preferred and Income Securities ETF during the 4th quarter worth approximately $4,449,000. Cary Street Partners Asset Management LLC bought a new stake in shares of iShares Preferred and Income Securities ETF in the 4th quarter valued at $538,000. AdvisorNet Financial Inc raised its stake in iShares Preferred and Income Securities ETF by 11.4% during the 1st quarter. AdvisorNet Financial Inc now owns 3,938 shares of the company’s stock worth $127,000 after buying an additional 404 shares during the period. Douglass Winthrop Advisors LLC lifted its holdings in iShares Preferred and Income Securities ETF by 10.8% during the fourth quarter. Douglass Winthrop Advisors LLC now owns 8,200 shares of the company’s stock worth $256,000 after acquiring an additional 800 shares in the last quarter. Finally, Cohen & Steers Inc. grew its stake in iShares Preferred and Income Securities ETF by 8,108.7% in the fourth quarter. Cohen & Steers Inc. now owns 5,541,190 shares of the company’s stock valued at $172,830,000 after acquiring an additional 5,473,686 shares during the period. Institutional investors own 4.70% of the company’s stock.

iShares Preferred and Income Securities ETF Trading Down 0.5 %

Shares of NASDAQ PFF traded down $0.15 during mid-day trading on Friday, reaching $32.36. 4,012,215 shares of the company’s stock were exchanged, compared to its average volume of 4,111,476. iShares Preferred and Income Securities ETF has a twelve month low of $28.15 and a twelve month high of $32.66. The firm has a market capitalization of $14.69 billion, a price-to-earnings ratio of 3.91 and a beta of 0.51. The business has a fifty day simple moving average of $31.79 and a 200 day simple moving average of $31.72.

iShares Preferred and Income Securities ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, August 7th. Stockholders of record on Thursday, August 1st were issued a $0.1606 dividend. This represents a $1.93 annualized dividend and a dividend yield of 5.96%. The ex-dividend date was Thursday, August 1st.

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.