PSI Advisors LLC Purchases 337 Shares of iShares Preferred and Income Securities ETF (NASDAQ:PFF)

PSI Advisors LLC grew its position in shares of iShares Preferred and Income Securities ETF (NASDAQ:PFFFree Report) by 16.3% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 2,403 shares of the company’s stock after acquiring an additional 337 shares during the quarter. PSI Advisors LLC’s holdings in iShares Preferred and Income Securities ETF were worth $75,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of PFF. Cornerstone Planning Group LLC bought a new stake in iShares Preferred and Income Securities ETF during the second quarter worth approximately $27,000. Sugarloaf Wealth Management LLC increased its position in shares of iShares Preferred and Income Securities ETF by 45.5% during the 4th quarter. Sugarloaf Wealth Management LLC now owns 2,046 shares of the company’s stock valued at $64,000 after purchasing an additional 640 shares during the last quarter. ORG Partners LLC raised its holdings in iShares Preferred and Income Securities ETF by 43.8% during the 3rd quarter. ORG Partners LLC now owns 2,758 shares of the company’s stock valued at $83,000 after buying an additional 840 shares during the period. Creative Financial Designs Inc. ADV lifted its position in iShares Preferred and Income Securities ETF by 18.3% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 3,781 shares of the company’s stock worth $118,000 after buying an additional 584 shares during the last quarter. Finally, Stonebridge Capital Advisors LLC boosted its stake in shares of iShares Preferred and Income Securities ETF by 13.9% during the 1st quarter. Stonebridge Capital Advisors LLC now owns 3,936 shares of the company’s stock worth $143,000 after purchasing an additional 480 shares during the period. 4.70% of the stock is owned by hedge funds and other institutional investors.

iShares Preferred and Income Securities ETF Trading Down 0.4 %

NASDAQ:PFF opened at $30.78 on Monday. The company has a market cap of $14.16 billion, a price-to-earnings ratio of 3.83 and a beta of 0.51. iShares Preferred and Income Securities ETF has a twelve month low of $28.15 and a twelve month high of $32.66. The stock has a fifty day simple moving average of $31.91 and a 200-day simple moving average of $30.98.

iShares Preferred and Income Securities ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were issued a $0.1561 dividend. The ex-dividend date of this dividend was Monday, April 1st. This represents a $1.87 annualized dividend and a dividend yield of 6.09%.

iShares Preferred and Income Securities ETF Profile

(Free Report)

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.

Read More

Want to see what other hedge funds are holding PFF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Preferred and Income Securities ETF (NASDAQ:PFFFree Report).

Institutional Ownership by Quarter for iShares Preferred and Income Securities ETF (NASDAQ:PFF)

Receive News & Ratings for iShares Preferred and Income Securities ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Preferred and Income Securities ETF and related companies with MarketBeat.com's FREE daily email newsletter.