Kickstand Ventures LLC. Has $4.65 Million Stock Position in iShares Preferred and Income Securities ETF (NASDAQ:PFF)

Kickstand Ventures LLC. lifted its stake in shares of iShares Preferred and Income Securities ETF (NASDAQ:PFF) by 1.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 147,736 shares of the company’s stock after purchasing an additional 1,578 shares during the quarter. iShares Preferred and Income Securities ETF accounts for 1.2% of Kickstand Ventures LLC.’s holdings, making the stock its 25th biggest holding. Kickstand Ventures LLC.’s holdings in iShares Preferred and Income Securities ETF were worth $4,645,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the stock. Kentucky Trust Co bought a new position in iShares Preferred and Income Securities ETF in the fourth quarter valued at about $5,477,000. Compass Financial Services Inc bought a new position in iShares Preferred and Income Securities ETF in the fourth quarter valued at about $34,000. Golden State Wealth Management LLC bought a new position in iShares Preferred and Income Securities ETF in the fourth quarter valued at about $27,000. YANKCOM Partnership bought a new position in iShares Preferred and Income Securities ETF in the fourth quarter valued at about $27,000. Finally, Greenleaf Trust grew its position in iShares Preferred and Income Securities ETF by 4.9% in the fourth quarter. Greenleaf Trust now owns 1,085,296 shares of the company’s stock valued at $34,122,000 after acquiring an additional 50,885 shares during the last quarter. 4.70% of the stock is owned by institutional investors and hedge funds.

iShares Preferred and Income Securities ETF Stock Down 0.3 %

iShares Preferred and Income Securities ETF stock opened at $31.51 on Thursday. iShares Preferred and Income Securities ETF has a 12-month low of $30.56 and a 12-month high of $33.59. The business’s 50-day moving average price is $31.80 and its two-hundred day moving average price is $32.36. The stock has a market cap of $14.62 billion, a PE ratio of 3.91 and a beta of 0.51.

iShares Preferred and Income Securities ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a $0.1755 dividend. The ex-dividend date was Monday, February 3rd. This is a boost from iShares Preferred and Income Securities ETF’s previous dividend of $0.16.

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.