iShares Preferred and Income Securities ETF (NASDAQ:PFF) Stock Holdings Lessened by Sanibel Captiva Trust Company Inc.

Sanibel Captiva Trust Company Inc. lessened its holdings in shares of iShares Preferred and Income Securities ETF (NASDAQ:PFF) by 5.9% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 350,693 shares of the company’s stock after selling 22,112 shares during the period. Sanibel Captiva Trust Company Inc.’s holdings in iShares Preferred and Income Securities ETF were worth $11,026,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Somerset Trust Co increased its position in iShares Preferred and Income Securities ETF by 7.9% in the fourth quarter. Somerset Trust Co now owns 50,493 shares of the company’s stock worth $1,589,000 after buying an additional 3,688 shares during the period. HCR Wealth Advisors grew its position in shares of iShares Preferred and Income Securities ETF by 1.9% during the fourth quarter. HCR Wealth Advisors now owns 42,710 shares of the company’s stock worth $1,343,000 after acquiring an additional 800 shares during the last quarter. Rosenberg Matthew Hamilton increased its holdings in shares of iShares Preferred and Income Securities ETF by 13.5% in the 4th quarter. Rosenberg Matthew Hamilton now owns 30,809 shares of the company’s stock worth $969,000 after acquiring an additional 3,660 shares during the period. AdvisorNet Financial Inc lifted its position in iShares Preferred and Income Securities ETF by 11.6% in the 4th quarter. AdvisorNet Financial Inc now owns 6,793 shares of the company’s stock valued at $214,000 after purchasing an additional 705 shares during the last quarter. Finally, Kieckhefer Group LLC bought a new stake in iShares Preferred and Income Securities ETF in the 4th quarter valued at about $83,000. Institutional investors and hedge funds own 4.70% of the company’s stock.

iShares Preferred and Income Securities ETF Trading Up 0.2 %

NASDAQ PFF opened at $31.75 on Friday. The company has a 50-day moving average price of $32.08 and a two-hundred day moving average price of $32.34. iShares Preferred and Income Securities ETF has a 52 week low of $30.56 and a 52 week high of $33.59. 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 firm also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a $0.1767 dividend. This represents a $2.12 dividend on an annualized basis and a yield of 6.68%. This is a positive change from iShares Preferred and Income Securities ETF’s previous monthly dividend of $0.17. The ex-dividend date was Wednesday, December 18th.

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.