Community Bank N.A. Purchases 10,511 Shares of iShares Preferred and Income Securities ETF (NASDAQ:PFF)

Community Bank N.A. boosted its position in iShares Preferred and Income Securities ETF (NASDAQ:PFF) by 10.9% during the fourth quarter, HoldingsChannel.com reports. The fund owned 106,657 shares of the company’s stock after buying an additional 10,511 shares during the quarter. Community Bank N.A.’s holdings in iShares Preferred and Income Securities ETF were worth $3,352,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Whittier Trust Co. of Nevada Inc. grew its stake 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 worth $637,000 after buying an additional 5,641 shares during the last quarter. Douglass Winthrop Advisors LLC lifted its holdings in iShares Preferred and Income Securities ETF by 25.0% in the fourth quarter. Douglass Winthrop Advisors LLC now owns 12,500 shares of the company’s stock valued at $393,000 after buying an additional 2,500 shares during the period. Parallel Advisors LLC lifted its holdings in iShares Preferred and Income Securities ETF by 2.2% in the fourth quarter. Parallel Advisors LLC now owns 118,372 shares of the company’s stock valued at $3,722,000 after buying an additional 2,591 shares during the period. Creative Financial Designs Inc. ADV lifted its holdings in iShares Preferred and Income Securities ETF by 237.3% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 13,190 shares of the company’s stock valued at $415,000 after buying an additional 9,280 shares during the period. Finally, Wellington Shields & Co. LLC lifted its holdings in iShares Preferred and Income Securities ETF by 17.9% in the fourth quarter. Wellington Shields & Co. LLC now owns 5,590 shares of the company’s stock valued at $176,000 after buying an additional 850 shares during the period. Institutional investors own 4.70% of the company’s stock.

iShares Preferred and Income Securities ETF Stock Down 0.0 %

PFF stock opened at $31.31 on Friday. The firm has a market cap of $14.50 billion, a price-to-earnings ratio of 3.86 and a beta of 0.60. iShares Preferred and Income Securities ETF has a 12-month low of $30.56 and a 12-month high of $33.59. The company’s fifty day simple moving average is $31.57 and its 200 day simple moving average is $32.26.

iShares Preferred and Income Securities ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were issued 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.