iShares Preferred and Income Securities ETF (NASDAQ:PFF) Shares Acquired by Nations Financial Group Inc. IA ADV

Nations Financial Group Inc. IA ADV raised its position in shares of iShares Preferred and Income Securities ETF (NASDAQ:PFF) by 444.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 78,006 shares of the company’s stock after acquiring an additional 63,683 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in iShares Preferred and Income Securities ETF were worth $2,453,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the company. Avior Wealth Management LLC raised its holdings in shares of iShares Preferred and Income Securities ETF by 5.5% during the third quarter. Avior Wealth Management LLC now owns 7,492 shares of the company’s stock valued at $249,000 after acquiring an additional 390 shares during the last quarter. Bogart Wealth LLC increased its holdings in shares of iShares Preferred and Income Securities ETF by 13.3% in the third quarter. Bogart Wealth LLC now owns 4,025 shares of the company’s stock valued at $134,000 after purchasing an additional 471 shares during the last quarter. Continuum Advisory LLC increased its holdings in shares of iShares Preferred and Income Securities ETF by 8.2% in the third quarter. Continuum Advisory LLC now owns 6,411 shares of the company’s stock valued at $209,000 after purchasing an additional 484 shares during the last quarter. Integrated Wealth Concepts LLC increased its holdings in shares of iShares Preferred and Income Securities ETF by 0.8% in the third quarter. Integrated Wealth Concepts LLC now owns 65,845 shares of the company’s stock valued at $2,188,000 after purchasing an additional 493 shares during the last quarter. Finally, L.M. Kohn & Company increased its holdings in shares of iShares Preferred and Income Securities ETF by 4.6% in the third quarter. L.M. Kohn & Company now owns 11,643 shares of the company’s stock valued at $387,000 after purchasing an additional 512 shares during the last quarter. Institutional investors and hedge funds own 4.70% of the company’s stock.

iShares Preferred and Income Securities ETF Stock Performance

NASDAQ:PFF opened at $31.80 on Friday. iShares Preferred and Income Securities ETF has a one year low of $30.56 and a one year high of $33.59. The stock has a market cap of $14.76 billion, a PE ratio of 3.91 and a beta of 0.51. The stock has a 50 day moving average price of $31.74 and a 200 day moving average price of $32.35.

iShares Preferred and Income Securities ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a $0.1755 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is a boost from iShares Preferred and Income Securities ETF’s previous dividend of $0.16.

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.