iShares Preferred and Income Securities ETF (NASDAQ:PFF) Stock Holdings Reduced by Transcend Capital Advisors LLC

Transcend Capital Advisors LLC decreased its position in iShares Preferred and Income Securities ETF (NASDAQ:PFF) by 73.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 22,895 shares of the company’s stock after selling 62,521 shares during the quarter. Transcend Capital Advisors LLC’s holdings in iShares Preferred and Income Securities ETF were worth $720,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in PFF. JPMorgan Chase & Co. grew its position in iShares Preferred and Income Securities ETF by 51.0% in the third quarter. JPMorgan Chase & Co. now owns 1,453,930 shares of the company’s stock worth $48,314,000 after acquiring an additional 491,005 shares in the last quarter. Hilton Capital Management LLC increased its position in iShares Preferred and Income Securities ETF by 19.9% during the third 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 last quarter. Kentucky Trust Co bought a new stake in shares of iShares Preferred and Income Securities ETF during the 4th quarter worth about $5,477,000. Ibex Wealth Advisors acquired a new stake in iShares Preferred and Income Securities ETF in the 4th quarter worth approximately $3,755,000. Finally, Janney Montgomery Scott LLC grew its holdings in iShares Preferred and Income Securities ETF by 7.7% during the third quarter. Janney Montgomery Scott LLC now owns 1,465,402 shares of the company’s stock valued at $48,695,000 after purchasing an additional 104,770 shares during the last quarter. Institutional investors own 4.70% of the company’s stock.

iShares Preferred and Income Securities ETF Stock Down 0.1 %

NASDAQ:PFF opened at $31.63 on Friday. The company’s 50 day moving average is $31.68 and its 200-day moving average is $32.35. iShares Preferred and Income Securities ETF has a 12 month low of $30.56 and a 12 month high of $33.59. The firm has a market cap of $14.68 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 announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a dividend of $0.1755 per share. This is a positive change from iShares Preferred and Income Securities ETF’s previous dividend of $0.16. The ex-dividend date of this dividend was Monday, February 3rd.

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.