iShares Preferred and Income Securities ETF (NASDAQ:PFF) Shares Purchased by Community Bank N.A.

Community Bank N.A. raised its holdings in iShares Preferred and Income Securities ETF (NASDAQ:PFF) by 13.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 96,146 shares of the company’s stock after acquiring an additional 11,630 shares during the period. Community Bank N.A.’s holdings in iShares Preferred and Income Securities ETF were worth $3,194,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of PFF. Nations Financial Group Inc. IA ADV boosted its position in shares of iShares Preferred and Income Securities ETF by 2.2% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 14,323 shares of the company’s stock valued at $476,000 after acquiring an additional 306 shares during the last quarter. GPS Wealth Strategies Group LLC grew its stake in shares of iShares Preferred and Income Securities ETF by 2.5% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 15,062 shares of the company’s stock valued at $475,000 after buying an additional 369 shares during the period. Stolper Co grew its stake in shares of iShares Preferred and Income Securities ETF by 2.5% in the 2nd quarter. Stolper Co now owns 15,413 shares of the company’s stock valued at $486,000 after buying an additional 371 shares during the period. Farther Finance Advisors LLC increased its holdings in shares of iShares Preferred and Income Securities ETF by 2.4% during the 2nd quarter. Farther Finance Advisors LLC now owns 16,506 shares of the company’s stock worth $516,000 after buying an additional 381 shares during the last quarter. Finally, Avior Wealth Management LLC lifted its holdings in iShares Preferred and Income Securities ETF by 5.5% in the third quarter. Avior Wealth Management LLC now owns 7,492 shares of the company’s stock valued at $249,000 after acquiring an additional 390 shares during the last quarter. Institutional investors and hedge funds own 4.70% of the company’s stock.

iShares Preferred and Income Securities ETF Stock Up 0.6 %

PFF stock opened at $32.95 on Monday. iShares Preferred and Income Securities ETF has a 52-week low of $30.34 and a 52-week high of $33.59. The stock has a market cap of $15.35 billion, a price-to-earnings ratio of 3.91 and a beta of 0.51. The business has a fifty day moving average of $33.02 and a two-hundred day moving average of $32.28.

iShares Preferred and Income Securities ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were issued a dividend of $0.1653 per share. The ex-dividend date was Friday, November 1st. This is a boost from iShares Preferred and Income Securities ETF’s previous monthly dividend of $0.16. This represents a $1.98 dividend on an annualized basis and a dividend yield of 6.02%.

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.