Greenleaf Trust Has $34.37 Million Stock Holdings in iShares Preferred and Income Securities ETF (NASDAQ:PFF)

Greenleaf Trust grew its stake in iShares Preferred and Income Securities ETF (NASDAQ:PFF) by 4.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,034,411 shares of the company’s stock after acquiring an additional 43,619 shares during the period. iShares Preferred and Income Securities ETF accounts for about 0.3% of Greenleaf Trust’s investment portfolio, making the stock its 23rd biggest position. Greenleaf Trust owned approximately 0.22% of iShares Preferred and Income Securities ETF worth $34,373,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Viewpoint Capital Management LLC acquired a new position in iShares Preferred and Income Securities ETF in the second quarter valued at approximately $27,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in iShares Preferred and Income Securities ETF during the 2nd quarter worth approximately $43,000. First PREMIER Bank acquired a new position in iShares Preferred and Income Securities ETF during the third quarter valued at approximately $53,000. Future Financial Wealth Managment LLC bought a new stake in iShares Preferred and Income Securities ETF in the first quarter valued at approximately $56,000. Finally, Webster Bank N. A. boosted its position in shares of iShares Preferred and Income Securities ETF by 34.8% during the first quarter. Webster Bank N. A. now owns 1,867 shares of the company’s stock worth $60,000 after purchasing an additional 482 shares in the last quarter. 4.70% of the stock is currently owned by institutional investors and hedge funds.

iShares Preferred and Income Securities ETF Stock Down 0.4 %

PFF opened at $33.12 on Wednesday. The stock has a market cap of $15.40 billion, a P/E ratio of 3.91 and a beta of 0.51. iShares Preferred and Income Securities ETF has a 12 month low of $28.38 and a 12 month high of $33.59. The company has a fifty day simple moving average of $32.85 and a 200 day simple moving average of $31.98.

iShares Preferred and Income Securities ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were given a $0.1632 dividend. The ex-dividend date of this dividend 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.