iShares Preferred and Income Securities ETF (NASDAQ:PFF) Stake Boosted by Greenwich Wealth Management LLC

Greenwich Wealth Management LLC raised its holdings in shares of iShares Preferred and Income Securities ETF (NASDAQ:PFF) by 10.2% in the 2nd quarter, Holdings Channel reports. The firm owned 7,697 shares of the company’s stock after purchasing an additional 715 shares during the quarter. Greenwich Wealth Management LLC’s holdings in iShares Preferred and Income Securities ETF were worth $243,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently modified their holdings of the business. Brown Brothers Harriman & Co. bought a new stake in shares of iShares Preferred and Income Securities ETF during the 4th quarter valued at about $27,000. Viewpoint Capital Management LLC acquired a new position in iShares Preferred and Income Securities ETF in the second quarter valued at approximately $27,000. M&R Capital Management Inc. boosted its stake in iShares Preferred and Income Securities ETF by 280.0% in the first quarter. M&R Capital Management Inc. now owns 950 shares of the company’s stock valued at $31,000 after acquiring an additional 700 shares during the period. Vima LLC bought a new position in shares of iShares Preferred and Income Securities ETF during the fourth quarter valued at approximately $40,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of iShares Preferred and Income Securities ETF during the 2nd quarter worth approximately $43,000. 4.70% of the stock is currently owned by institutional investors.

iShares Preferred and Income Securities ETF Trading Up 0.5 %

Shares of NASDAQ PFF opened at $32.99 on Monday. The company has a market cap of $14.98 billion, a price-to-earnings ratio of 3.91 and a beta of 0.51. The stock’s 50 day simple moving average is $31.98 and its 200 day simple moving average is $31.77. iShares Preferred and Income Securities ETF has a 12-month low of $28.15 and a 12-month high of $33.01.

iShares Preferred and Income Securities ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, September 6th. Stockholders 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 Company 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.