Mount Lucas Management LP Acquires 1,826 Shares of iShares Preferred and Income Securities ETF (NASDAQ:PFF)

Mount Lucas Management LP grew its holdings in iShares Preferred and Income Securities ETF (NASDAQ:PFF) by 2.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 84,626 shares of the company’s stock after purchasing an additional 1,826 shares during the quarter. iShares Preferred and Income Securities ETF comprises about 0.9% of Mount Lucas Management LP’s portfolio, making the stock its 19th biggest position. Mount Lucas Management LP’s holdings in iShares Preferred and Income Securities ETF were worth $2,661,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in PFF. YANKCOM Partnership acquired a new position in iShares Preferred and Income Securities ETF in the fourth quarter valued at approximately $27,000. Golden State Wealth Management LLC bought a new stake in shares of iShares Preferred and Income Securities ETF in the 4th quarter valued at $27,000. Compass Financial Services Inc acquired a new position in shares of iShares Preferred and Income Securities ETF during the 4th quarter valued at $34,000. Mainstream Capital Management LLC bought a new position in iShares Preferred and Income Securities ETF during the fourth quarter worth $34,000. Finally, Synergy Investment Management LLC acquired a new stake in iShares Preferred and Income Securities ETF in the fourth quarter worth $51,000. Institutional investors own 4.70% of the company’s stock.

iShares Preferred and Income Securities ETF Trading Down 0.5 %

PFF opened at $31.07 on Monday. The company has a market cap of $14.42 billion, a P/E ratio of 3.95 and a beta of 0.51. The company has a fifty day moving average price of $31.67 and a two-hundred day moving average price of $32.35. iShares Preferred and Income Securities ETF has a 1-year low of $30.56 and a 1-year high of $33.59.

iShares Preferred and Income Securities ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a dividend of $0.1731 per share. The ex-dividend date of this dividend was Monday, March 3rd.

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.