Householder Group Estate & Retirement Specialist LLC Has $72,000 Holdings in iShares Preferred and Income Securities ETF (NASDAQ:PFF)

Householder Group Estate & Retirement Specialist LLC lessened its stake in iShares Preferred and Income Securities ETF (NASDAQ:PFF) by 22.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,290 shares of the company’s stock after selling 658 shares during the quarter. Householder Group Estate & Retirement Specialist LLC’s holdings in iShares Preferred and Income Securities ETF were worth $72,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its position in shares of iShares Preferred and Income Securities ETF by 51.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,453,930 shares of the company’s stock worth $48,314,000 after buying an additional 491,005 shares during the period. Hilton Capital Management LLC grew its position in shares of iShares Preferred and Income Securities ETF by 19.9% during the 3rd quarter. Hilton Capital Management LLC now owns 1,444,743 shares of the company’s stock worth $48,009,000 after buying an additional 239,661 shares during the period. Canandaigua National Bank & Trust Co. acquired a new stake in shares of iShares Preferred and Income Securities ETF during the 3rd quarter worth approximately $4,669,000. Janney Montgomery Scott LLC grew its position in shares of iShares Preferred and Income Securities ETF by 7.7% during the 3rd quarter. Janney Montgomery Scott LLC now owns 1,465,402 shares of the company’s stock worth $48,695,000 after buying an additional 104,770 shares during the period. Finally, Graypoint LLC grew its position in shares of iShares Preferred and Income Securities ETF by 82.2% during the 4th quarter. Graypoint LLC now owns 186,246 shares of the company’s stock worth $5,856,000 after buying an additional 84,051 shares during the period. Institutional investors and hedge funds own 4.70% of the company’s stock.

iShares Preferred and Income Securities ETF Price Performance

Shares of NASDAQ:PFF opened at $31.75 on Friday. iShares Preferred and Income Securities ETF has a one year low of $30.56 and a one year high of $33.59. The company has a 50 day moving average of $32.08 and a 200-day moving average of $32.34. The stock has a market cap of $14.69 billion, a price-to-earnings ratio of 3.91 and a beta of 0.51.

iShares Preferred and Income Securities ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were paid a dividend of $0.1767 per share. This is a positive change from iShares Preferred and Income Securities ETF’s previous monthly dividend of $0.17. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $2.12 annualized dividend and a yield of 6.68%.

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.