Rosenberg Matthew Hamilton Has $902,000 Stock Position 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:PFF) by 3.6% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 27,149 shares of the company’s stock after buying an additional 950 shares during the quarter. Rosenberg Matthew Hamilton’s holdings in iShares Preferred and Income Securities ETF were worth $902,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in PFF. Viewpoint Capital Management LLC bought a new stake in iShares Preferred and Income Securities ETF during the second quarter worth $27,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in iShares Preferred and Income Securities ETF in the 2nd quarter worth approximately $43,000. First PREMIER Bank purchased a new stake in iShares Preferred and Income Securities ETF during the 3rd quarter valued at $53,000. Eastern Bank bought a new stake in shares of iShares Preferred and Income Securities ETF in the third quarter worth about $71,000. Finally, Wellington Shields & Co. LLC increased its stake in shares of iShares Preferred and Income Securities ETF by 23.2% during the first quarter. Wellington Shields & Co. LLC now owns 4,015 shares of the company’s stock valued at $129,000 after buying an additional 755 shares during the period. Institutional investors and hedge funds own 4.70% of the company’s stock.

iShares Preferred and Income Securities ETF Price Performance

iShares Preferred and Income Securities ETF stock traded down $0.10 during mid-day trading on Thursday, reaching $32.79. The stock had a trading volume of 812,414 shares, compared to its average volume of 3,972,738. The company has a market capitalization of $15.27 billion, a price-to-earnings ratio of 3.91 and a beta of 0.51. iShares Preferred and Income Securities ETF has a one year low of $28.50 and a one year high of $33.59. The company has a 50-day moving average price of $32.97 and a two-hundred day moving average price of $32.04.

iShares Preferred and Income Securities ETF Announces Dividend

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

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.