6,452 Shares in iShares Preferred and Income Securities ETF (NASDAQ:PFF) Acquired by Waterloo Capital L.P.

Waterloo Capital L.P. acquired a new position in iShares Preferred and Income Securities ETF (NASDAQ:PFFFree Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 6,452 shares of the company’s stock, valued at approximately $201,000.

A number of other institutional investors have also recently added to or reduced their stakes in PFF. SG Americas Securities LLC acquired a new stake in iShares Preferred and Income Securities ETF in the fourth quarter worth approximately $28,841,000. Greenleaf Trust acquired a new stake in shares of iShares Preferred and Income Securities ETF during the 4th quarter valued at $22,619,000. Janney Montgomery Scott LLC lifted its position in shares of iShares Preferred and Income Securities ETF by 10.6% during the 4th quarter. Janney Montgomery Scott LLC now owns 1,501,951 shares of the company’s stock valued at $46,846,000 after acquiring an additional 143,949 shares during the last quarter. Kickstand Ventures LLC. acquired a new stake in shares of iShares Preferred and Income Securities ETF during the 4th quarter valued at $4,449,000. Finally, Ameriprise Financial Inc. lifted its position in shares of iShares Preferred and Income Securities ETF by 4.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,029,548 shares of the company’s stock valued at $61,112,000 after acquiring an additional 81,413 shares during the last quarter. 4.70% of the stock is currently owned by institutional investors and hedge funds.

iShares Preferred and Income Securities ETF Stock Performance

Shares of NASDAQ:PFF opened at $31.53 on Tuesday. iShares Preferred and Income Securities ETF has a one year low of $28.15 and a one year high of $32.66. The stock has a fifty day moving average of $31.45 and a 200-day moving average of $31.53. The company has a market capitalization of $14.42 billion, a PE ratio of 3.91 and a beta of 0.51.

iShares Preferred and Income Securities ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, June 7th. Stockholders of record on Monday, June 3rd were issued a $0.1634 dividend. The ex-dividend date was Monday, June 3rd. This represents a $1.96 dividend on an annualized basis and a dividend yield of 6.22%.

iShares Preferred and Income Securities ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares Preferred and Income Securities ETF (NASDAQ:PFF)

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