Segall Bryant & Hamill LLC Makes New Investment in iShares Preferred and Income Securities ETF (NASDAQ:PFF)

Segall Bryant & Hamill LLC acquired a new stake in shares of iShares Preferred and Income Securities ETF (NASDAQ:PFF) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 11,635 shares of the company’s stock, valued at approximately $366,000.

A number of other institutional investors also recently modified their holdings of PFF. Community Bank N.A. increased its stake in iShares Preferred and Income Securities ETF by 10.9% during the 4th quarter. Community Bank N.A. now owns 106,657 shares of the company’s stock valued at $3,352,000 after purchasing an additional 10,511 shares in the last quarter. Whittier Trust Co. of Nevada Inc. grew its holdings in shares of iShares Preferred and Income Securities ETF by 38.6% during the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 20,261 shares of the company’s stock valued at $637,000 after buying an additional 5,641 shares during the last quarter. Douglass Winthrop Advisors LLC increased its position in shares of iShares Preferred and Income Securities ETF by 25.0% during the fourth quarter. Douglass Winthrop Advisors LLC now owns 12,500 shares of the company’s stock worth $393,000 after acquiring an additional 2,500 shares in the last quarter. Parallel Advisors LLC raised its holdings in shares of iShares Preferred and Income Securities ETF by 2.2% in the 4th quarter. Parallel Advisors LLC now owns 118,372 shares of the company’s stock worth $3,722,000 after acquiring an additional 2,591 shares during the last quarter. Finally, Creative Financial Designs Inc. ADV lifted its position in iShares Preferred and Income Securities ETF by 237.3% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 13,190 shares of the company’s stock valued at $415,000 after acquiring an additional 9,280 shares in the last quarter. 4.70% of the stock is owned by institutional investors and hedge funds.

iShares Preferred and Income Securities ETF Stock Performance

Shares of PFF opened at $30.85 on Friday. The firm has a market capitalization of $14.31 billion, a P/E ratio of 3.86 and a beta of 0.51. 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 50 day moving average price of $31.54 and a two-hundred day moving average price of $32.22.

iShares Preferred and Income Securities ETF Cuts Dividend

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