iShares Preferred and Income Securities ETF (NASDAQ:PFF) Shares Bought by Stolper Co

Stolper Co increased its holdings in iShares Preferred and Income Securities ETF (NASDAQ:PFF) by 2.5% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 15,413 shares of the company’s stock after buying an additional 371 shares during the period. Stolper Co’s holdings in iShares Preferred and Income Securities ETF were worth $486,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of PFF. Zions Bancorporation N.A. acquired a new position in iShares Preferred and Income Securities ETF during the 2nd quarter valued at approximately $174,000. Dorsey & Whitney Trust CO LLC bought a new position in shares of iShares Preferred and Income Securities ETF during the second quarter worth about $330,000. Ashton Thomas Private Wealth LLC increased its holdings in shares of iShares Preferred and Income Securities ETF by 5.5% in the 2nd quarter. Ashton Thomas Private Wealth LLC now owns 39,060 shares of the company’s stock worth $1,232,000 after acquiring an additional 2,026 shares during the period. HCR Wealth Advisors lifted its position in iShares Preferred and Income Securities ETF by 3.7% in the 2nd quarter. HCR Wealth Advisors now owns 42,130 shares of the company’s stock valued at $1,329,000 after purchasing an additional 1,508 shares during the last quarter. Finally, Farmers & Merchants Investments Inc. boosted its stake in iShares Preferred and Income Securities ETF by 1,175.6% during the 2nd quarter. Farmers & Merchants Investments Inc. now owns 19,134 shares of the company’s stock valued at $604,000 after purchasing an additional 17,634 shares during the period. Institutional investors own 4.70% of the company’s stock.

iShares Preferred and Income Securities ETF Trading Up 0.5 %

NASDAQ PFF opened at $32.99 on Friday. The company has a 50-day moving average price of $31.98 and a two-hundred day moving average price of $31.77. The stock has a market cap of $14.98 billion, a price-to-earnings ratio of 3.91 and a beta of 0.51. iShares Preferred and Income Securities ETF has a 52 week low of $28.15 and a 52 week high of $33.01.

iShares Preferred and Income Securities ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were paid a dividend of $0.1632 per share. 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.