iShares Preferred and Income Securities ETF (NASDAQ:PFF) Shares Sold by Boyd Watterson Asset Management LLC OH

Boyd Watterson Asset Management LLC OH lowered its position in shares of iShares Preferred and Income Securities ETF (NASDAQ:PFF) by 7.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 8,461 shares of the company’s stock after selling 688 shares during the quarter. Boyd Watterson Asset Management LLC OH’s holdings in iShares Preferred and Income Securities ETF were worth $264,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of PFF. SG Americas Securities LLC acquired a new stake in iShares Preferred and Income Securities ETF during the fourth quarter worth approximately $28,841,000. Greenleaf Trust acquired a new position in shares of iShares Preferred and Income Securities ETF in the 4th quarter valued at $22,619,000. Janney Montgomery Scott LLC boosted its holdings in shares of iShares Preferred and Income Securities ETF by 38.2% in the 3rd quarter. Janney Montgomery Scott LLC now owns 1,358,002 shares of the company’s stock valued at $40,944,000 after purchasing an additional 375,400 shares during the last quarter. Peoples Bank KS acquired a new position in shares of iShares Preferred and Income Securities ETF in the 3rd quarter valued at $4,145,000. Finally, Ameriprise Financial Inc. boosted its holdings in shares of iShares Preferred and Income Securities ETF by 4.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,029,548 shares of the company’s stock valued at $61,112,000 after purchasing an additional 81,413 shares during the last quarter. Institutional investors and hedge funds own 4.70% of the company’s stock.

iShares Preferred and Income Securities ETF Trading Up 0.2 %

Shares of PFF traded up $0.05 during mid-day trading on Friday, reaching $31.13. The company had a trading volume of 2,915,736 shares, compared to its average volume of 4,773,463. The stock has a market cap of $14.26 billion, a price-to-earnings ratio of 3.83 and a beta of 0.51. The firm has a fifty day simple moving average of $31.84 and a 200-day simple moving average of $31.03. iShares Preferred and Income Securities ETF has a fifty-two week low of $28.15 and a fifty-two week high of $32.66.

iShares Preferred and Income Securities ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were issued a $0.1561 dividend. The ex-dividend date was Monday, April 1st. This represents a $1.87 dividend on an annualized basis and a dividend yield of 6.02%.

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.