iShares Preferred and Income Securities ETF (NASDAQ:PFF) Shares Bought by Whittier Trust Co. of Nevada Inc.

Whittier Trust Co. of Nevada Inc. grew its holdings in shares of iShares Preferred and Income Securities ETF (NASDAQ:PFF) by 38.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 20,261 shares of the company’s stock after purchasing an additional 5,641 shares during the period. Whittier Trust Co. of Nevada Inc.’s holdings in iShares Preferred and Income Securities ETF were worth $637,000 at the end of the most recent reporting period.

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

iShares Preferred and Income Securities ETF Stock Performance

PFF stock opened at $31.31 on Friday. iShares Preferred and Income Securities ETF has a 1 year low of $30.56 and a 1 year high of $33.59. The stock’s 50 day moving average price is $31.57 and its 200 day moving average price is $32.26. The firm has a market cap of $14.50 billion, a P/E ratio of 3.86 and a beta of 0.60.

iShares Preferred and Income Securities ETF Cuts Dividend

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

About iShares Preferred and Income Securities ETF

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.