Curbstone Financial Management Corp Sells 4,180 Shares of iShares Preferred and Income Securities ETF (NASDAQ:PFF)

Curbstone Financial Management Corp lessened its holdings in shares of iShares Preferred and Income Securities ETF (NASDAQ:PFF) by 3.0% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 133,600 shares of the company’s stock after selling 4,180 shares during the quarter. iShares Preferred and Income Securities ETF makes up 1.0% of Curbstone Financial Management Corp’s portfolio, making the stock its 29th biggest position. Curbstone Financial Management Corp’s holdings in iShares Preferred and Income Securities ETF were worth $4,132,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. OLD Mission Capital LLC purchased a new position in shares of iShares Preferred and Income Securities ETF during the 4th quarter worth approximately $126,000. Stonebridge Capital Advisors LLC boosted its holdings in shares of iShares Preferred and Income Securities ETF by 13.9% during the 1st quarter. Stonebridge Capital Advisors LLC now owns 3,936 shares of the company’s stock valued at $143,000 after buying an additional 480 shares in the last quarter. Fairfield Bush & CO. purchased a new stake in shares of iShares Preferred and Income Securities ETF in the 1st quarter worth about $152,000. Princeton Global Asset Management LLC grew its position in shares of iShares Preferred and Income Securities ETF by 11.4% in the 1st quarter. Princeton Global Asset Management LLC now owns 4,890 shares of the company’s stock worth $153,000 after buying an additional 500 shares during the period. Finally, Financial Management Professionals Inc. increased its stake in shares of iShares Preferred and Income Securities ETF by 37.9% in the 1st quarter. Financial Management Professionals Inc. now owns 6,039 shares of the company’s stock worth $189,000 after acquiring an additional 1,660 shares in the last quarter. Hedge funds and other institutional investors own 4.28% of the company’s stock.

iShares Preferred and Income Securities ETF Trading Up 0.3 %

NASDAQ:PFF traded up $0.08 on Thursday, reaching $30.50. 482,262 shares of the stock traded hands, compared to its average volume of 3,641,617. The company’s fifty day simple moving average is $30.61 and its 200 day simple moving average is $30.58. The company has a market capitalization of $12.93 billion, a price-to-earnings ratio of 8.31 and a beta of 0.51. iShares Preferred and Income Securities ETF has a 12 month low of $29.18 and a 12 month high of $33.90.

iShares Preferred and Income Securities ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, September 8th. Shareholders of record on Tuesday, September 5th were given a $0.154 dividend. This represents a $1.85 dividend on an annualized basis and a yield of 6.06%. The ex-dividend date was Friday, September 1st.

iShares Preferred and Income Securities ETF 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.